Hong Kong’s Octopus stored value cards will be available on NFC phones by the end of 2013, chief executive Sunny Cheung Yiu-tong has told the South China Morning Post. The company will allow customers to pay for goods up to the value of HK$1,000 (US$129) with their mobile phone — “higher than the cap of HK$500 for NFC services at HSBC and Hang Seng, the only banks that have launched such services so far.”
- Signature spec promises tamper-proof NFC tags
- German carriers and retailers promote NFC mobile payments in Berlin
- Jawbone adds NFC payments to fitness trackers with AmEx
- Half of digital tickets will be bought on mobile by 2019
- Jawbone to add NFC payments?