RBS

The payments network has announced PayPass Wallet Services, a digital wallet platform that will support NFC. Eighteen financial institutions, American Airlines and bookseller Barnes & Noble are among those who have signed up for the service. More

Mobile payments will represent 15% of all card transactions by 2013, and will overcome card volumes within 10 years if growth continues at the same rate, according to the World Payments Report 2011. More

"My ambition would be to engage a very substantial proportion of the O2 customer base," James Le Brocq, head of O2 UK's financial services division, told NFC World, as the mobile network operator confirmed plans to launch commercial NFC services in the UK later this year. More

ABnote Europe and Sicap have signed a collaboration agreement designed to cut the cost of operating NFC services. The 'traditional' NFC business model calls for the establishment of a Trusted Service Manager or TSM which... More