Following the successful trial of Mastercard’s PayPass prepaid wristbands at the UK’s Isle of Wight Festival last June, cashless music events are set to take off in 2012 — with NFC in wide use by 2013. More
Security
KPMG: Mobile payments are two to four years away from mainstream acceptance
A global survey of executives conducted by KPMG has found that the vast majority believe mobile payments will hit the mainstream within four years and nearly half say they think mass-market acceptance is only two years away. More
Oberthur gets EAL4+ certification for FlyBuy NFC SIM
Oberthur Technologies has become the first supplier to gain Common Criteria EAL4+ certification for an NFC SIM... More
Citi proposes ‘hybrid model’ for mobile payments
Banks and mobile network operators should work together on a mobile payments business model that plays to both their strengths, says Citi’s Dickson Chu. More
Survey: Discounts and coupons will drive adoption of mobile payments
A survey of 1,036 US adult consumers, conducted by StrategyOne on behalf of Verifone, has found that almost twice as many are interested in using mobile payments if the service also includes a way to get discounts and coupons on their phones... More
Isracard to test NFC payments
Israel’s largest credit card issuer, Isracard, is to run a mobile payments trial using NFC stickers, Globes reports: ... More
Barclaycard sets out plans for NFC
The Quick Tap mobile payments service launched by Barclaycard and Orange last month is just the start of the partners’ NFC plans, says the card issuer’s head of digital payments. “We have a long and deep roadmap of people we want to work with.” More
Kovio raises $15m to bring low-cost NFC tags to shops
Printed tag pioneer Kovio has raised US$15million in new equity financing led by Tyco Retail Solutions, a leading retail inventory and asset protection specialist... More
One in four US consumers ready to buy groceries with NFC phones
The level of positive responses to a new survey of US consumer attitudes to NFC mobile payments represents a “significant volume… beyond the level we’d call early adopters”, says Compete. More
Korean national NFC alliance aims to create a billion dollar business opportunity
Korean mobile network operators, card issuers, consumer electronics manufacturers and government organisations have formed the Grand NFC Korea Alliance with the aim of creating a US$1bn business opportunity and more than 5,000 jobs. More
France set for commercial NFC services to begin in spring 2012
Technical specifications have been finalised, the French government is providing €20m to promote the adoption of NFC services and four mobile network operators and four banks have announced they will deploy NFC services nationally in the spring of 2012. More
Broadcom announces NFC security chip for PCs and tablets
The chip maker has announced a secure application processor for PCs and tablets which includes an NFC interface and is designed to handle keys and credentials. More
Broadcom: ‘We expect 10% to 15% of phones to have NFC within twelve months’
Chipmaker Broadcom says it expects to see NFC built into between 10% and 15% of all phones within the next year, with the rate higher for smartphones, PCWorld reports... More
76% of young adults prepared to pay £5 a month for mobile banking
The ability to instantly block a lost or stolen card — a key feature of NFC payments services — topped the list of transactional features 18- to 26-year-olds would be prepared to pay for, a UK survey has found. More
Survey: Consumers need educating before they will switch to NFC and contactless
‘Providing shoppers with clearer information about contactless technology will be critical to improving knowledge and consumer adoption,’ says research from Ingenico. More
NFC news in brief • 23 May 2011
News in brief from the NFC world and beyond: Twitter and Docomo add ‘touch and follow’ • Doubletwist shares songs with NFC • Airtag offers P2P loyalty • Lifera and Taztag tie up • Lockitron opens doors with NFC • DPT unveils NFC-enabled car park pay machine • SK C&C USA rebrands as CorFire • Bayer puts antennas into decorative films • Mobey Forum expands • and much more… More
Two-thirds of Americans ‘open to using their mobile phone to make purchases’
A survey of US consumers conducted for MasterCard has found strong interest in using mobile phones to make payments... More
RIM UK: BlackBerry phones have unique advantages for NFC
BlackBerry phones have a number of advantages when it comes to NFC, says Research in Motion (RIM) UK MD Stephen Bates... More
European Payments Council launches public consultation on mobile contactless payments
The payments organisation is calling on the industry to provide feedback on its suggested NFC interoperability guidelines by 17 June. More
Verifone to include NFC in all new POS terminals
“The retail point of sale represents a point of convergence for smartphone-initiated payments, social networking and electronic couponing, but it won’t happen if retailers are expected, on faith, to absorb the costs of making it work,” says CEO Douglas G Bergeron. More