Ads Top

Cross-border NFC m-payment not relevant now

Making payment using one's mobile phone while overseas has the potential to gain popularity in the future, but for now, such use cases play little to no part in maturing the overall near-field communications (NFC) industry in Asia. Rachel Lashford, managing director for mobile and Asia-Pacific at Canalys, said cross-border NFC mobile payment services do not contribute much to the overall adoption in the market currently. This is because for many regional markets, domestic use of mobile payments is not yet an entrenched way of life, which must take place before overseas m-payment offerings can be introduced.

No comments:

Powered by Blogger.