Paying with a smartphone would win over 31% of all those asked if they then only needed to have their smartphone with them and could do without a purse or wallet, a new survey conducted for retailer-owned mobile payments provider Yapital by TNS Infratest has found... More
Apple will sell 21million units of its much anticipated iWatch in fiscal year 2015, at a cost of US$300 per unit, according to a research note by UBS analyst Steven Milunovich, AppleInsider reports... More
Some 70% of US credit cards and 41% of debit cards will be EMV enabled by the end of 2015, according to a new Aite Group report, but the majority will be contact cards rather than dual interface cards that also support contactless payments... More
There will be more than 1.5billion mobile wallets in use around the world by 2018, according to a new forecast from Juniper Research, representing one in five handsets and up from one in 10 at the end of 2013... More
The number of installed mobile point-of-sale devices is set to grow fivefold to reach 51m by 2019, or 46% of the overall POS market, ABI Research says... More
Apple will enter the wearable devices market “this fall” with an iWatch that includes a secure element, NFC communications capabilities and support for biometrics, according to a new research note by Taiwan-based KGI Securities analyst Ming-Chi Kuo... More
The global market for NFC handsets is projected to reach 1.6bn units by 2018, according to a new research report from Global Industry Analysts, “driven by growing penetration of mobile phones, continued rise in demand and production of smartphones, rising penetration of NFC in consumer devices, and chip level technology developments.”... More
Smartphones accounted for four out of five NFC devices shipped in 2013 but that market share will drop to under 60% in 2017 as NFC becomes widely adopted in computing products, peripherals, speakers, digital cameras, printers, domestic appliances and automotive products, ABI Research reports... More
Consumer research undertaken by payments processor SIA has found that 94% of the Italians who have had the opportunity to try out NFC payments appreciated the technology, giving the experience an average rating of 8 out of 10... More
The Centre for Process Innovation, a consortium of major suppliers in the print, electronics and design industries, is to lead a £10m (US$16m) project to create a UK supply chain that will enable the widespread adoption of low cost NFC components using printable electronics... More
A consortium of 11 French organisations, including NFC specialist Think&Go NFC, are to develop a range of digital services designed to help the elderly and partially sighted remain autonomous in their daily lives... More
More than 31% of mobile developers are supporting NFC in their mobile apps today and an additional 45% plan to support the technology in the next 12 months, according to a Mobile Development Survey released by Evans Data Corporation... More
Mobile web specialist and device detection provider 51Degrees.mobi has released stats that reveal NFC enabled mobile device web traffic has reached 13.32% worldwide... More
Between 2012 and 2017 the installed base of NFC-enabled handsets will increase at a compound annual growth rate of 65% to reach 2.1bn units, according to new research from Berg Insight. “The penetration rate for NFC across all handset segments will similarly increase to approximately 32% by 2017.” More
A total of 125m NFC phones were shipped in 2012, according to ABI Research, along with 147m NFC secure elements... More
“NFC handsets have reached a tipping point this year and global volumes will surge an impressive 138% in 2013”, according to a new forecast by Strategy Analytics... More
“NFC has reached the point of no return,” says practice director John Devlin. “It all hinged on handsets; and next year we will see half-a-billion devices in the hands of consumers as it becomes more widely integrated.” More
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
A new report from the NFC World team has found that Disney’s new MagicBand bracelet system provides unmissable lessons for anyone planning, implementing or supplying mobile wallet solutions. More
A social media study conducted by MasterCard and Prime Research has identified a high volume of conversation and consumer interest in adopting mobile payments — as well as highlighting a number of barriers to entry... More