Best Buy

"The US payments industry should undergo a coordinated migration to chip and PIN transactions which should support a broad range of payment types (contact, contactless, dual interface, debit, credit, stored value, private and 'white' label,... More

Mobile Money Network, the joint venture established in November 2010 between Best Buy Europe, Monitise and Charles Dunstone, founder of Carphone Warehouse, has announced its mobile payments service is to be called Simply Tap. Although... More

The Nexus S, the first Android phone to use the new Gingerbread version of the operating system and its built-in NFC functionality, will hit the shops in the US on 16 December and the UK on 20 December. For now, however, it looks as though the phones will only support tag reading applications — mobile payments capabilities will only be available later.  More

US Bank has begun a field trial of microSD format NFC devices. Employees in a number of US states will begin piloting the technology this month and plans call for the trial to be opened... More

NFC is likely to play a key role in the new venture as Monitise has already partnered with Visa and DeviceFidelity to integrate near field communication into its Mobile Money Manager platform. More

News in brief from the NFC world and beyond: Caen bids for NFC • Sprint adds mobile wallet • Vivotech's Dubai deal • Microsoft tags retailers • Mobile payments boost banks • Paying cash keeps you slim • NCR buys into mobile barcodes More

The move to contactless cards and NFC-compatible point-of-sale terminals is gathering pace with banks in Italy and Poland announcing plans for widespread contactless card deployments this year. More