In a blog post entitled “Looking Ahead to 2013”, PayPal president David Marcus sets out his “thought starters, perhaps predictions, for 2013” — and at the top of the four-point list is “NFC will fail to gain mass adoption”... More
Apple is likely to launch an “iPhone 5S” in June or July 2013, Peter Misek of investment bank Jefferies has predicted in a new research note... More
Global NFC retail transaction values will now reach US$110bn in 2017, significantly below the $180bn previously forecast, the analysts say, due to the lack of NFC in the iPhone 5, lower than expected adoption of Google Wallet and the delay in the launch of Isis. More
55% of Dutch consumers would prefer to make mobile payments through an app rather than NFC, according to a poll of 15-65 year olds conducted by Telecompaper... More
A survey carried out by market researcher YouGov in Germany has revealed that, while 54% of the population has heard of NFC, only one in six (16%) can see themselves using NFC and contactless payments in the future... More
The NFC World team has identified ten pressure points that suggest the arrival of mobile payments will result in a fundamental change in the overall cost of processing payments and the way in which merchants transaction fees are calculated — and we’d like to hear from anyone who is working on ways to use mobile technology to cut the cost of processing transactions at the point of sale. More
ABI Research has raised its estimate for NFC handsets shipped in 2012 from 80m to 102m units... More
In the November edition of Mobile Wallet Outlook, the monthly trends bulletin for subscribers to The Mobile Wallet Report, the NFC World team examines the role US merchants plan to play in mobile payments and how the move to mobile is creating new opportunities for alternative players to define the bank account of the future. More
The total value of NFC mobile payment transactions will increase from US$4bn in 2012 to pass $100bn in 2016 and US$191bn in 2017, according to a new forecast by ABI Research... More
In the first issue of Mobile Wallet Outlook, the monthly trends bulletin for subscribers to our new research service, the NFC World team examines how the latest market developments will affect the future of the NFC and mobile wallet markets. More
Researchers at Intrepidus Group have demonstrated how an Android NFC phone can be used to add value to a transit card without paying but, says NXP, the vulnerability is limited to transportation card issuers that haven’t upgraded from Mifare Ultralight to the newer Mifare Ultralight C technology. More
Estonia’s banks are to begin pilot testing NFC services in January 2013... More
NFC payments are five to ten years away from mainstream adoption and on the crossover between the ‘Peak of Inflated Expectations’ and the ‘Trough of Disillusionment’, according to this year’s Gartner Hype Cycle for Emerging Technologies. NFC as a whole is expected to hit the mainstream more quickly, but is still two to five years away from maturity. More
The number of NFC-enabled mobile devices shipped worldwide will more than double this year to nearly 100m, according to Forrester Research, but mainstream use of the technology “remains three to five years away in most countries”... More
A mobile wallet containing only cards issued by their bank is the most popular option for British consumers, a new survey has found, suggesting that the battle to be “top of wallet” for mobile payments may turn into a fight to be “only card in wallet”. More
The Mobile Wallet Report will keep you up to speed with the very latest thinking on NFC and mobile wallet business models right through the year — and you can save 25% on the usual price if you order now. More
By 2016 almost 80% of the smartphones in Canada will be NFC-enabled, “providing a solid foundation for the uptake of mobile contactless payments”, according to Canadian Payments Forecast — 2012, a new report from TSI... More
The US will have the world’s highest density of NFC point-of-sale terminals in five years time, the forecasters say, as the global installed base increases from 3.9m today to 43.4m in 2017. More
New market entrants are currently most popular amongst consumers ready to adopt mobile wallet technology, according to a survey conducted by Carlisle & Gallagher, with eight in 10 willing to use a PayPal wallet and six in 10 willing to consider a mobile wallet provided by Google or Apple. More
Global mobile payment transaction values are set to grow by 42% a year, say the analysts, but the market will be fragmented over the next two years and NFC payments won’t hit the mass market until 2015. More