By 2016 almost 80% of the smartphones in Canada will be NFC-enabled, “providing a solid foundation for the uptake of mobile contactless payments”, according to Canadian Payments Forecast — 2012, a new report from TSI. “Cash will remain the most frequently used form of payment in Canada over the next five years, but will suffer substantial erosion from contactless debit and credit payments,” say the authors.
- NFC Forum launches tag certification program
- Students test finger vein payments at UK supermarket
- Hilton lets customers pay with points for Amazon purchases
- Apple releases iOS 11 with support for NFC tag reading
- Bank of England examines the technical requirements of central bank-issued digital currencies