148m consumers to make NFC mobile payments in 2016

Some 148m consumers will make NFC mobile payments this year, with Apple and Samsung accounting for nearly 70% of new customers, Juniper Research forecasts. “The research also anticipated that models based on host card emulation (HCE) would be widely deployed by banks and a number of leading OTT (Over The Top) players,” the firm says, predicting that NFC smartphones will be the main driver for contactless payments in the US owing to “the limited number of cards that currently offer the facility”.

Next: Visit the NFCW Expo to find new suppliers and solutions