China may become the leading power in mobile commerce in the coming years

China Mobile Commerce

NFC technology is beginning to gain traction in China. China Mobile and China Unicorn, both telecommunications companies, are the latest corporations to adopt NFC technology in the country. Smart phone ownership is growing throughout the nation, along with the demand for new ways to use such devices in terms of commerce. Both companies plan to join the other 43 companies that are working to bring NFC technology to China, hoping that NFC-powered mobile commerce will soon take root and become a major financial phenomenon. China is home to the highest…

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China Unicom and China Mobile announce their support for NFC technology

China Mobile commerce ticketing payments

Two of the largest mobile operators in their country, China Unicom and China Mobile, have announced their intentions to bring near field communication (NFC) technology on a subscriber identity module (SIM) card foundation to their customers. The GSM Association, which has made NFC standardization worldwide one of its primary goals, made the first announcement of the intentions of the two mobile operators in China to support NFC technology. These two leading businesses in the Chinese marketplace are adding their names to 43 other mobile operators worldwide who have also declared…

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NFC technology embraced by the mobile industry worldwide

Hong Kong mobile payments

This year, the worldwide adoption of near field communication (NFC) has taken off in the mobile industry, as Google Wallet has made its strong debut and top manufacturers of mobile devices, such as Samsung (Google), Nokia, LG, RIM, and ZTE, have been producing handsets enabled with the technology. In mainland China alone, there are more than 900 users of mobile devices, making it the region with the greatest potential for the future growth of NFC use. Companies that are aiming to connect with NFC suppliers or to research new innovations…

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