23% of US consumers are now “very willing” to use their mobile phone as a wallet, a KPMG survey has found, but many consumers are still expressing privacy and security concerns. More
US consumers “warming up to mobile payments”
Research
Visa Europe: 2012 to be contactless tipping point
87% of contactless cardholders in the UK, Poland and Turkey believe contactless cards will be “instrumental in bringing mobile contactless payments to market in the near future,” according to Visa Europe‘s latest Contactless Barometer survey... More
Estonian banks look into NFC
Estonia’s leading banks have begun work on an NFC research project in conjunction with mobile network operator EMT, part of the TeliaSonera group... More
ABI forecasts NFC tag market
Smart posters and mobile marketing programmes have used more than half the NFC tags shipped to date and will account for 70% of shipments in 2016, according to a new report from ABI Research... More
35m NFC phones shipped in 2011
The number of NFC handsets shipped worldwide in 2011 will total 35 million, according to IMS Research... More
New report maps out the current status and future trends in the NFC market
A new research report by Sarah Clark, editor of NFC World, sets out the current state of play in the international NFC market, explains the critical factors for success, identifies the issues that remain to be resolved and analyses the opportunities for growth in the year ahead. More
Security researchers raise Google Wallet concerns
The amount of unencrypted data stored by the Google Wallet app “surpasses what we believe most consumers find acceptable,” says digital forensics specialist viaForensics in a report on the security of the search giant’s NFC wallet — but no access to the secure element was gained. More
IBM to develop NFC payments solutions in Moscow
The computer giant has partnered with Russia’s Skolkovo Foundation to create a Science and Technology Center that will work on intelligent operations, technology for the oil and gas industry and on “the creation of security-rich and customizable mobile payment transactions for use across a number of industries including telco, retail and banking.” More
KPMG reports on consumer attitudes to mobile
A new survey from KPMG has found that 41% of shoppers now use their phone to research products and services in-store and consumers are increasingly willing to share data with advertisers if it saves them money — but concerns over mobile payments security and privacy issues remain. More
Survey reports on consumer attitudes to next-gen loyalty
“There is undoubtedly consumer appetite for using new technologies when the benefits are made clear,” says Ipsos Mori boss Simon Atkinson. “For consumers who are worried about embracing technology changes, and the older generation in particular, the answer is likely to lie in offering existing services in tandem with new.” More
MasterCard surveys European attitudes to payment technologies
The ‘Tech Nation’ poll of consumers in eight European nations found that both mobile and contactless payments are used most widely in Russia and Turkey while only 5% of British consumers say they have made a contactless card payment. More
Consumer education needed ‘to dispel myths surrounding NFC’
A survey of UK consumers conducted for Gemalto has found that a third of Brits would use NFC services — if they understood the technology better and knew it was completely secure. More
New report compares the prospects for mobile payments technologies
NFC-enabled mobile wallet solutions will become US consumers’ dominant mobile payments option for retail purchases while digital wallet applications will be most popular for mobile ecommerce payments, according to a new report from Parks Associates. More
1.2bn NFC chips to ship in 2015
More than 1.2 billion NFC chips will ship annually by 2015, according to a new forecast from In-Stat... More
M-coupons to be worth over $43bn
The total redemption value of mobile coupons will exceed US$43 billion globally by 2016 — an eightfold increase from $5.4bn this year — as they are increasingly delivered by mobile apps, according to a new report from Juniper Research... More
Survey: 40% of merchants need to be equipped for contactless payments to take off
The tipping point for consumers to begin using contactless payments technologies will be when at least 40% of merchants are equipped with compatible POS terminals, according to a survey by First Data which also found that banks are the trusted and preferred provider for mobile wallet solutions. More
ABI: Four in ten NFC phones to have multiple secure elements
Of the 552m NFC handsets set to ship in 2016, 227m will feature more than one secure element, according to a new forecast from ABI Research, pushing the value of the NFC chip market that year to more than US$1bn. More
LSE reports on NFC privacy issues
“The risks to personal privacy must be addressed,” say the authors of a new London School of Economics report examining NFC privacy and regulation issues. “This is not only to protect against surveillance, but it is essential to ensure that there is confidence in the marketplaces that may yet emerge with widespread use of NFC.” More
17% of Brits ready for NFC
New UK consumer research from Intersperience has found that 17% want to use a mobile wallet in the future but 44% are worried about a lack of security software on mobile phones... More
M-payments up 400% in China
Mobile payments are set for rapid growth in China, according to new research... More