PowaTag sold to investors

Mobile payments platform PowaTag has been sold to a consortium led by entrepreneur Ben White, administrator Deloitte has confirmed, following news that its parent company Powa Technologies went into administration last month... More

Deloitte: Mobile payment volumes to increase 1000% in 2015


In-store mobile payments will increase by more than 1,000% worldwide this year with 5% of the world’s smartphones being used to make a payment in a store at least once a month, up from under 0.5% in mid-2014, according to the new edition of Deloitte’s annual Technology, Media & Telecommunications (TMT) Predictions report... More

One in three in the UK now aware of NFC


Just over a third of British adults (35%) are aware of NFC-enabled mobile devices, with 9% saying they know that their personal device is NFC-enabled and 22% of those having used NFC to make a payment, a YouGov survey of 1,501 people has found... More

One in ten consumers say they have an NFC phone


The number of consumers with an NFC phone has doubled since 2012 according to Deloitte‘s third annual Global Mobile Consumer Survey, with 10% of 37,600 consumers surveyed in 20 countries saying they know that they have the technology embedded in their smartphone... More

200m NFC phones in 2012

There will be 200m phones with built-in NFC technology by the end of 2012, according to the new edition of Deloitte’s Technology, Media and Telecommunications Predictions report... More

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