Berg Insight reports on NFC POS terminal growth

Berg Insight

An estimated 9.5m NFC-ready point-of-sale (POS) terminals were shipped worldwide in 2014, research from Berg Insight has revealed, and the company forecasts that the global installed base of NFC-ready POS terminals will grow at a compound annual growth rate of 28.4% from 21.4m in 2014 to 74.9m in 2019... More




China Mobile and China UnionPay launch NFC payments service

BEIJING: People find out more about the new payments network. Pic: Xinhua/Li Xin

China Mobile, the world’s largest mobile network operator, and Chinese bank card association China UnionPay have announced that their NFC payments service is now live in more than fourteen Chinese cities, including Shanghai, Beijing and Guangzhou — and eight banks have signed up to make use of the partners’ platform... More


CUP demos Intel NFC payments

China UnionPay executive vice president Hongfeng Chai has demonstrated the payments network’s Quick Pass contactless payments service in use on an Intel-powered NFC smartphone at the Intel Developer Forum in Beijing... More





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