Demise of Softcard affected NFC SIM shipments in 2016

While the global NFC picture presents an expanding ecosystem, consumer uptake of SIM-based mobile payments has been lower in recent years than expected, according to a new report from the SIMalliance on 2016 global SIM shipments. The organization said that slow uptake of SIM-based mobile payments led to a contraction in NFC SIM shipments in 2016. In addition, the impact of the demise of Softcard in North America was still being felt in 2016.