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News in brief

ABI: NFC payments to hit $100bn

News in brief

The total value of NFC mobile payment transactions will increase from US$4bn in 2012 to pass $100bn in 2016 and US$191bn in 2017, according to a new forecast by ABI Research. 26% of NFC handsets will house a contactless ticketing application in five years time, the researchers add.

Filed by Email Mike Clark Published • Last updated 19 October 2012, 18:04

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