“We would prefer to start using the chip that comes with the phone,” says CommBank’s head of online banking, but “currently the NFC chip (the secure element) in Android NFC-enabled phones is not available to us.” More
PayPal has outlined its vision for providing consumers with a mobile ‘wallet in the cloud’, but revealed it is agnostic about NFC as a technology for turning that aim into reality, ReadWriteWeb reports... More
News in brief from the NFC world and beyond: Banks deploy OTP cards • Qantas expands next generation check-in • Visa and Gap tie coupons to purchasing • iPhone users max their cards • Subway picks Facecash • Nokia retrieves Symbian • Mobile coupons gain ground • Barclays reports contactless stats • and more… More
A new technology from US start-up Bump, which lets consumers use phones equipped with accelerometers to make peer-to-peer payments and share images or contact details, has been adopted by PayPal for its new Send Money service. More
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