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

Deloitte

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

YouGov

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

Deloitte

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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