Ads Top

NFC Standard Poised to Help Mobile Payments Skyrocket

A new report from Juniper Research says the NFC market will jump to $180 million by 2017 as this payment technology becomes standard on smartphones. The leading regions of North America, Western Europe and Far East & China will contribute 90 percent of that value.
2011 was a turning point for NFC payments, Juniper said. Major technology infrastructure standards were finalized, many mobile network operators committed to the market and NFC payment pilots from both mobile operators and financial institutions transitioned to commercial service. Most importantly, NFC-enabled smartphone models were announced by almost all handset manufacturers and Google ignited the market by launching its wallet in the U.S.

No comments:

Powered by Blogger.