NFC technology enabled smartphones will fall short of predictions

Technology news mobile survey

Juniper Research data shows that near field communication transactions will not reach forecasts. According to the latest data from Juniper Research, previous predictions regarding NFC technology transactions over smartphones will be greater than the reality. The values of near field communication transactions worldwide is expected to reach $110 billion by 2017. This figure is notably lower than a previous prediction that Juniper Research had made, which said that by 2017, the NFC technology based transactions would hit $180 billion. According to the report, which was entitled “NFC Mobile Payments –…

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NFC technology still a possibility for PayPal

NFC Technology Mobile Payments Infrastructure

The online payments service has not given up on near field communications despite statements from eBay. Even though PayPal’s parent company, eBay, has brushed off NFC technology in the past, according to Adrian Christie, a spokesperson for the company, it has not entirely given up on it as a potential mobile payments option. Christie is the head of PayPal’s PR and communications and says the eBay subsidiary is still considering it. Earlier this year, when the results of the second quarter for the subsidiary payments company were being announced, John…

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United Arab Emirates launches NFC identification pilot project

Mobile Commerce Industry

NFC technology gets a push with new test run. The Emirates Telecommunications Corporation, the telecommunications company of the United Arab Emirates more commonly known as Etisalat, has announced a partnership with the Emirates Identity Authority (EIDA), an independent federal authority responsible for population registration. Through the partnership, the two organizations will be examining the possible uses of NFC technology for the Emirates ID card program. The duo have launched a pilot project in the UAE to collect data on how well the technology performs in this manner and whether or…

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The NFC Forum expands accessibility of the N-Mark symbol

Mobile-Commerce

NFC Forum News The NFC Forum, a non-profit association that works for the progress of NFC technology, has announced that its N-Mark symbol is growing in popularity. The N-Mark was introduced in late 2010 and serves as a special marker for certified NFC-enabled mobile devices. The NFC Forum has worked to standardize the symbol in an effort to provide some stability to the emerging industries of mobile commerce and NFC technology in general. Due to the rising demand for NFC-enabled devices and technology, the organization has decided to expand the…

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MacKay Meters and UIC team to bring NFC technology to parking spaces

Mobile Payments in Parking Lots mobile commerce

New ways to included NFC technology   MacKay Meters, a manufacturer of parking meters, has announced a partnership with the Uniform Industrial Corporation (UIC), a company specializing in electronic commerce and data collection. The partnership will be focused on bringing contactless payment systems to MacKay’s parking meters around the world. Both companies will be developing and implementing NFC technology for MacKay’s Guardian SOLO meters. These meters already accept various forms of payment and MacKay believes they are the best candidate for a new NFC-based payment system. NFC technology is getting…

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