Mobile payments are set for rapid growth in China, according to new research. The country will have 230 million mobile payment users by the end of this year, spending 11.37bn yuan (US$1.8bn) — 400 percent up on 2010 — reports China Daily. This is expected to rise to 320m users and 35.78bn yuan in 2012.
- Nestle runs NFC marketing campaign in 480 Woolworth stores across Australia
- American Express tests HCE for NFC payments
- Hilton to let guests unlock their doors with smartphones
- HBC deploys iBeacons in Hudson’s Bay and Lord & Taylor department stores across the US and Canada
- NXP CEO: NFC secure elements will continue to see strong demand