Almost one in six US consumers are using mobile wallets

Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile wallet functionality in the coming six months, a study released by market research and consulting firm Chadwick Martin Bailey has found... More


Amazon’s Gauthier: NFC is “last century’s problem”

“Anyone working on NFC is focusing on last century’s problem,” Patrick Gauthier, the new vice president of payments at Amazon, has told Mashable in an interview in which he also indicates that he believes competitors in the mobile payments space — including Apple and Google — have “lost sight of what it is we’re here to do.” Until January, Gauthier headed up emerging retail services at PayPal, a company once anti-NFC which now appears to have changed its mind about the technology... More



US consumers trust banks most with card data

Three in four online buyers (76%) are dissatisfied with the strength of credit card and personal information security among retailers with some 72% of respondents saying they trust their own bank the most with credit card data and personally identifiable information, US research from Bizrate Insights reveals... More


US payments body hits out at Rite Aid and CVS

ETA - the Electronic Transactions Association

“The decision by CVS and Rite Aid to block mobile payments services like Apple Pay, Google Wallet and Softcard is anti-consumer and anti-competitive,” says US-based trade body the Electronic Transactions Association (ETA), following the MCX consortium members’ decision to stop accepting NFC payments... More






Amazon Fire phone packs NXP chip

The NFC chip in Amazon’s new Fire phone is NXP’s 47803, an NFC controller and embedded secure element package based on the chipmaker’s PN547 controller, a teardown by iFixit of the online retail giant’s first smartphone has revealed... More









The new issue of Mobile Wallet Outlook is now out

The January/February issue of the monthly trends bulletin from the NFC World team’s business intelligence service examines the impact on the mobile wallet market of the new Facebook Card, the arrival of NFC in the home and the latest mobile wallet business developments from around the world. More


NFC is still two to five years away, say MWC visitors

Mobile World Congress 2012

A survey of mobile industry executives conducted for Sybase 365 during the Mobile World Congress has found that 81% of respondents believe that NFC will not become a driver of widespread adoption of mobile payments for at least another two to five years and less than 10% think NFC mobile payments will become mainstream within the next year... More


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