Report shows mobile commerce spurs NFC adoption

Most modern mobile commerce initiatives are based on the use of NFC technology. This technology allows for digital information to be transmitted over short distances and have proven very proficient in facilitating payments from mobile devices. The problem, however, is that only mobile devices that are equipped with NFC technology can make use of these mobile commerce platforms. These devices have been somewhat rare in the past, but the growing popularity of mobile commerce has forced device makers to bring new NFC-enabled smartphones to the market.