OPINION: ABI Research caused quite a stir this week when it distributed a press release saying NFC has taken too long to develop, that other mobile payments solutions such as SMS have beaten it to market and it will now be six years before NFC becomes a viable mobile payments solution.
A little further investigation finds the press release has exaggerated the researchers' point of view a little, however, and ABI still expects to see NFC deployed in "significant numbers towards the end of next year." As more and more innovation comes from the non-payments sector, though, it raises an interesting question. Does NFC still need mobile payments to succeed?
Sarah Clark, Editor