Strategy Analytics lowers NFC payments forecast

Strategy Analytics

Strategy Analytics has “marginally lowered” its outlook for NFC mobile payments “to reflect the slow pace at which operators are pushing NFC payments service, limited NFC payment deployments by OEMs, and the continued slow adoption of contactless payments by retailers.”... More






China Mobile and China UnionPay launch NFC payments service

BEIJING: People find out more about the new payments network. Pic: Xinhua/Li Xin

China Mobile, the world’s largest mobile network operator, and Chinese bank card association China UnionPay have announced that their NFC payments service is now live in more than fourteen Chinese cities, including Shanghai, Beijing and Guangzhou — and eight banks have signed up to make use of the partners’ platform... More






Orange and China Mobile sign NFC development deal

Orange and China Mobile

“By working together with China Mobile, we hope to show that the development of a SIM-card based approach using recognized standards will be a key factor in winning over consumer confidence as NFC services become more and more prevalent over the coming years,” says Orange’s Thierry Millet. More



Chinese carriers’ NFC plans emerge

China Unicom and China Mobile

China Mobile, the country’s largest mobile operator, has reached agreements with subway and bus companies in 30 cities to allow users to make payments through mobile phones next year, reports Caixin Online... More






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