The global mobile payments market will reach US$3,388bn by 2022, growing at a compound annual growth rate (CAGR) of 33.4%, Allied Market Research predicts... More
Global mobile payment transaction values are set to grow by 42% a year, say the analysts, but the market will be fragmented over the next two years and NFC payments won’t hit the mass market until 2015. More
A patent application authored by two senior Nokia executives shows how the handset manufacturer could generate revenues from the NFC phones it plans to introduce next year — without needing to get involved in mainstream mobile payments and without mobile network operators needing to invest in NFC SIMs or back office systems. More
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