Taiwan to work to establish mobile commerce foundation next year

Taiwan Mobile wallet commerce

Mobile commerce is expected to take off in Taiwan next year as more telecommunications companies begin to adopt NFC technology. Far EasTone, one of the largest telecommunications companies in the country, has announced that it will be working with the other four telecom companies in Taiwan to build a foundation for mobile commerce. Together, the companies expect that the number of NFC-enabled smart phones in the country will surpass 100,000, which means that mobile commerce market will be ripe with potential. The new telecommunications coalition has met with the Bankers…

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Kovio amplifies NFC with their latest RF barcode technology

Latest in Mobile Payment Technology

Near field communication (NFC) technology has been the driving force behind the adoption of mobile payment methods, but an infrastructure capable of supporting widespread mobile payments is lacking. The lack of an infrastructure has not proven to be a hindrance to companies developing NFC technologies…yet. Kovio, a pioneer of printed silicon electronic technology, is stepping in to make sure this doesn’t happen. They have raised more than $15 million in funding for a project that will take advantage of the fledgling mobile payment infrastructure and improve existing NFC tags. Kovio…

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