We have talked about NFC technology before, which despite being useful is arguably still in its infancy. New research has suggested that mobile contactless payments will grow considerably over the next three years and be worth a staggering £30.4 billion ($50 billion) by 2014. The report was compiled by Juniper Research, they suggest that after the Orange Mobile payments...
Tag Archives: NFC
We mentioned a few weeks back the possibilities of Near Field Communication (NFC) letting us pay for just about everything using our phones. While this still sounds a bit farfetched in most countries there is somewhere in the world where it is already an accepted technology which a lot of people use every day. Can you guess where? It is no surprise to see that the place...
Making payments and checking bank accounts are becoming ever more popular activities which we carry out on our mobile phones according to the results of a new piece of research. In the last year mobile banking use has doubled, and this trend has really extended across all aspect of what is known as the “mobile wallet” industry. It has been reported in the TNS research...
If we asked what virtual bank account site you use the chances are that most of you would say PayPal. The company has over 230 million accounts, of which almost 90 million are classed as active and for the time being their name is synonymous with online payments. The total amount of PayPal transactions in 2008 was $60 billion and in 2009 $71 billion. Yet while it remains...
NFC may very well be the payment method of the future, but we need to all get access to it first, don’t we? Well, some leaks which have just appeared suggest that Microsoft may be working on exactly that idea right now. The news has come from unnamed people at Bloomberg and the smart money is on this change being implemented in a significant software update to the Windows...
The last couple of weeks have been filled with speculation and leaks surrounding the Apple iPhone 5. First we heard it would include NFC, then Apple denied this and finally another ‘expert close to the matter’ confirmed that it would indeed come with the wave and pay technology. A new report by The China Times has also suggested NFC, a new antenna and a 4 inch display...
The on-again, off-again rumours surrounding near field communication and the iPhone 5 seems to be pointing back towards the tech being included on the upcoming Smartphone despite clear denials by Apple to various newspapers and network providers at the beginning of this week. Apple was hotly tipped to include NFC payment technology on both the iPad 2 and iPhone 5; obviously...
It seems the Apple iPhone 5 will not come with wireless payment technology despite strong signals to suggest it would come equipped with Near Field Communication. Apple has taken the decision to hold off using the technology because they feel there is ‘a lack of clear standard across the industry’. They told The Independent Newspaper that the iPhone 5 will not include...
One hugely interesting new development which looks like changing our spending habits in the future is the Near Field Communication (NFC) which appears to be something we can expect to see on a lot of mobile phones in the years to come. With a wave of the phone, bills can be paid without your wallet even leaving your pocket. NFC is already included on the Android Gingerbread...