Microsoft unveils $200 Lumia 650 handset with NFC

A new Windows 10 smartphone pitched at business users offers NFC connectivity and Microsoft app integration for less than US$200. The Lumia 650 will be available in select European markets beginning February 15, Microsoft says. The device is also expected to include support for host card emulation (HCE). More



Meet NFC World’s partners at Mobile World Congress

MWC 2016

NFC World partners Giesecke & Devrient, Bell ID, Mahindra Comviva, NXP, Carta Worldwide, Gemalto and AMS will be exhibiting at Mobile World Congress in Barcelona from 22-25 February. Here’s what you can expect to see from these industry leaders and where you can find them during the show. More



G&D gets Amex accreditation for HCE payments solution

Giesecke Devrient logo

PARTNER NEWS: Giesecke & Devrient (G&D) has received Amex Enabled accreditation for Convego CloudPay, a host card emulation (HCE) based solution that lets a bank’s customers use their mobile banking app to load payment card credentials onto their smartphone and make contactless payments... More












MoboMoney takes sound-based mobile payments to India

ToneTag

Indian consumers can now make payments at participating retail locations using their mobile device and sound based technology developed by startup ToneTag. The feature has been integrated into MoboMoney, an NFC payments platform launched by information technology provider Tech Mahindra in December 2015, to extend the service to a greater number of mobile devices and merchants across the country. More




Global mobile payment market to hit $620bn in 2016

Trendforce

Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019. More



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