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Card schemes should lead NFC terminal drive

An online straw poll conducted by mobile industry association the GSMA has found that card schemes should lead the investment on merchant NFC terminals.

Mobile Money Live

One half of the respondents to a GSMA Mobile Money Live online poll said payment processors, such as Visa and MasterCard, should be responsible for leading investment on NFC terminals at merchant locations.

Respondents also showed a significant lack of support for the suggestion that banks were in the best position to introduce NFC merchant infrastructure themselves. No respondents voted for banks as being the best placed to carry out that role.

However, mobile operators going it alone received 10% of the vote, and the concept of a consortium of mobile operators, payment processors and banks received 40% support.

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