Nine in ten of the people surveyed for a new mobile payments index who had used an NFC phone to make a payment said they would do so again but 33% said they had not heard of the technology before and 35% said they wouldn’t use it because of concerns over security and fraud. More
“The brands that elicited the most positive interactions did so through a combination of relevance, dynamic content and a strong call-to-action,” according to an analysis of the largest NFC out-of-home advertising trial to date. More
New research conducted by MasterCard has found that US consumers that make use of a contactless card increased their spending on that card by nearly a third. More
The Chinese mobile payment market is expected to be worth more than US$80bn with some 441m active users by 2015, according to new research from Kapronasia... More
As Azerbaijan moves towards non-cash payment from its current predominantly cash-based economy, some 86% of residents of capital city Baku say they would like to carry out contactless payments with their phones. Abc.az reports that research conducted by MasterCard, which is introducing its PayPass system in the country, also found that 31% would like to see contactless payment built into watches while 26% would like pay-by-touch bracelets... More
The UK-based financial institution has announced two enhancements to its mobile payments offering, increasing the reach of the Quick Tap NFC service it runs with Orange and announcing plans to provide all its Visa credit card customers with a free mobile contactless sticker. More
A new research report by Sarah Clark, editor of NFC World, allows business executives to get up to speed quickly and easily with the current status and future developments in NFC tags, phones, secure elements, mobile wallets, OTA platforms, contactless terminals, TSMs and more. More
The number of NFC phones shipped will grow at a compound annual growth rate (CAGR) of 87.8% between now and 2016, according to a new forecast from Berg Insight, taking the number of phones shipped from 2011’s 30m to 700m in 2016... More
The introduction of open loop “tap and go” payments could cut commuting time by nearly an hour a week, a survey conducted for MasterCard has found, and 47% of commuters would be willing to use their mobile phone to make transit payments. More
A survey conducted by Auriemma Consulting Group has found that 30% of respondents would switch handsets in order to use their phones to make purchases and the figure rises to 41% amongst the under-45s... More
A survey of mobile industry executives conducted for Sybase 365 during the Mobile World Congress has found that 81% of respondents believe that NFC will not become a driver of widespread adoption of mobile payments for at least another two to five years and less than 10% think NFC mobile payments will become mainstream within the next year... More
A study by risk management specialist and insurer Assurant Solutions, based on consumer surveys conducted in Argentina, China, the United States, Germany and Spain, has found that willingness to conduct mobile transactions of all types increases markedly when the transaction is protected or guaranteed... More
A US consumer survey conducted by Radius Global Market Research has found that consumers under 35 and those identifying as digitally savvy are the most likely to be concerned with mobile payment security and fraud issues... More
74% of US consumers interested in having a digital wallet would choose their primary bank as their preferred provider, an AlixPartners survey has found, compared with 23% who say they would pick PayPal and 15% who chose Google as their preferred provider... More
The search giant is in discussion with mobile network operators around the world, NFC World has learned, with the aim of making its NFC mobile wallet available both internationally and on a wide array of handsets. US carrier partner Sprint is set to be the first, with up to ten additional handsets due to get Google Wallet this year. More
One in eight (13%) of North American and western European mobile users will use their NFC-enabled mobile phones as a metro rail or bus ticket by 2016, compared with less than 1% today, according to Mobile Ticketing Evolution, a new report from Juniper Research... More
A survey has found that French consumers are more interested in the idea of using their fingerprint to identify themselves when making a payment than in using a mobile phone for the purpose... More
German consumers are increasingly positive about the idea of making payments with contactless cards and NFC phones, a new survey conducted for Euro Kartensysteme has found... More
The US Federal Trade Commission is inviting comments from industry representatives, consumer groups, technology providers and academics ahead of a mobile payments workshop it will host in Washington, DC on 26 April. More
A new research study commissioned by technology provider Amadeus examines how new technologies, including NFC, are set to revolutionise the travel experience over the next decade... More