The patent covers a way to enable shoppers to create and use a ‘virtual payment card’ so they can make payments in shops and online with their mobile phone without divulging their card details. More
NFC tops the list of new services that will drive 50% of British consumers to adopt mobile banking by 2014, new research from Monitise and the Future Foundation has found. More
NFC is likely to play a key role in the new venture as Monitise has already partnered with Visa and DeviceFidelity to integrate near field communication into its Mobile Money Manager platform. More
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