Low uptake of SIM-based mobile payments leads to decrease in NFC SIM shipments in 2016

SIMalliance

The global number of NFC SIM card shipments decreased in 2016 due in part to a “lower than anticipated” consumer uptake of SIM-based mobile payments and the impact of the closure of the Softcard mobile wallet in the US, the SIMalliance has revealed, despite reporting growth in NFC SIM shipments in key countries across Europe and the CIS regions, highlighting the demand in specific markets. More




Google unveils Android Pay

Android Pay logo

Google is to introduce a new NFC mobile payments platform called Android Pay with the release of Android M later this year, vice president of engineering Dave Burke has revealed during the Google I/O 2015 keynote. More




SIMalliance: NFC SIM shipments up 69% in 2014

Global NFC SIM shipments by Simalliance members

A total of 4.7bn SIMs were shipped in 2014 by members of the SIMalliance, an organisation that represents suppliers responsible for 86% of the global SIM market, including 132m NFC SIMs, up 69% on 2013 and taking the total number of NFC SIMs shipped by alliance members over the past four years to 256m. More


PayPal explains why it’s buying mobile wallet provider Paydiant

Anuj Nayar

“What Paydiant has is a clarity of focus on mobile and how large merchants need to utilise mobile to connect with their customers — they’re a small company doing that very successfully with some really cool brands,” Anuj Nayar, senior director of global initiatives at PayPal, has told NFC World as the payment giant prepares to complete its acquisition of the payments platform provider for a reported US$280m... More




Softcard confirms it is to shut down

Softcard

Google’s deal with AT&T Mobility, T-Mobile USA and Verizon Wireless to have Google Wallet pre-installed on their Android phones marks the end of the road for Softcard, the NFC payments joint venture set up as Isis by the three US carriers in 2010... More











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