eMarketer releases latest estimates for US proximity mobile payments

eMarketer releases latest estimates for US proximity mobile payments — eMarketer — “eMarketer estimates the value of US proximity mobile payment transactions will total US$49.29 billion in 2017, up 78.1% from last year… The average annual spend per proximity mobile payment user in the US will reach US$1,026 in 2017, surpassing US$1,000 for the first time. That figure will continue to grow through 2021, when it will reach US$2,646.”


International standard completed for high rate close proximity wireless communications exceeding 10 Gbps data rate

International standard completed for high rate close proximity wireless communications exceeding 10 Gbps data rate — TransferJet Consortium — “This new standard maintains the intuitive ease-of-use and can instantly transfer any type of data including large 4K definition and VR (virtual reality) video files… The required connection setup time has been reduced to 2 msec or less, allowing new usage scenarios such as the delivery of content while walking through ticketing gates.”




Estimote adds NFC to BLE Proximity Beacons

Bluetooth Low Energy (BLE) beacon manufacturer Estimote has added programmable NFC into its new range of Proximity Beacons to make it easier to identify and configure the devices and to enable a range of consumer experiences such as confirming payment, collecting loyalty points and clocking in. More








Nearly 1bn to use NFC payments by 2019

Ovum forecast

A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More










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