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Articles tagged with: Near Field Communication and Mobile Commerce
Non-NFC Mobile Commerce Transactions to Total $1.6 Billion in 2009
According to new data from ABI Research, in 2009 the value of mobile commerce transacted via non-NFC (non-Near Field Communication) methods will total $1.6 billion, while mobile commerce conducted via NFC will be minimal. more
Related Tags: amazon, sms, smartphone, nfc, itu, lte, abi-research, mobile-money
NFC Not an Answer for Mobile Payments, But Alternatives Offer Promise
Once, NFC (Near Field Communication) was the leading contender among technologies that could enable mobile payments. But NFC has developed more slowly than anticipated, and will not offer viable large-scale mobile payment solutions for at least six years. In the mean time three existing technologies - SMS, mobile Internet and downloadable mobile applications - have the potential to deliver what NFC (so far) cannot. more
Related Tags: amazon, sms, nfc, mobile-payments, abi-research, bharti, mobile-internet, bharti-airtel, ebay, taxi
BART Riders Embrace Paying with Mobile Phones – NFC Trial a Success
Earlier this year a select group of San Francisco Bay Area Rapid Transit District (BART) riders took part in a first-in-the-nation trial to pay for their fares and food, receive discounts and check account balances using just their new mobile phone containing a contactless chip that enables transactions without a traditional plastic card. BART, First Data and ViVOtech has published the results of the trial conducted in the San Francisco area from Jan. 28 to May 30, 2008, which demonstrate high use when both transit fare and retail payments are combined in the same phone. more
Related Tags: nfc, cisco, ota, sprint, san-francisco, USA
Motorola Invests in Near Field Chip Supplier
Motorola, through its strategic venture capital arm has made a strategic investment in INSIDE Contactless, a developer of contactless payment chips and near field communications (NFC) technologies for mobile devices. The company did not disclose the value of the investment. more
Motorola Invests in Mobile Payments Firm
Motorola, through its Motorola Ventures venture capital arm has made an equity investment in ViVOtech, a developer of contactless and mobile phone payment technologies. Financial terms of the deal were not disclosed. more
Related Tags: nfc