The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not. More
Financial software company Intuit is showcasing a concept demonstration at the Google I/O developers conference in California this week that reimagines its GoPayment mobile credit card processing application using near field communication... More
The director of strategic mobile initiatives at Intuit has outlined the role he sees NFC taking in the company’s future products and business planning, describing the technology as “earth shaking”... More
News in brief from the NFC world and beyond: LG bringing NFC phone to US? • No NFC yet for Sony Ericsson • ZTE works on NFC and biometrics • Signbox lights up NFC • LSE examines NFC privacy • New NFC solution for retailers • Intuit adds mobile payments acceptance. More
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