NFC Forum introduces NFC payments solution alternative to QR codes.

NFC payments - woman with Android phone

NFC Money Transfer Candidate Specification allows for simple and secure NFC-based payment solutions. The NFC Forum, a Massachusetts-based non-profit industry association and advocate of Near Field Communication (NFC) technology has launched an NFC payments solution. The solution, known as the NFC Money Transfer Candidate Specification (NMT) has been designed as an alternative to QR code-based payments that gives payment service providers and consumers the chance to take advantage of simple and secure NFC-based payment systems that already exist worldwide. The NMT solution eliminates the need for a camera or a…

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NFC technology market will continue to see growth through 2022

NFC Technology

Mobile commerce is helping keep NFC alive NFC technology has been receiving mixed attention in recent months. The technology had once been heralded as innovative and has served as the backbone of mobile commerce for some time. It has also been targeted by criticism, especially when it comes to security. Due to security concerns and the growing availability of more effective alternatives, NFC technology has begun to lose popularity. Now, mobile commerce may be the only thing driving the NFC market, but the market is far from dead. Global NFC…

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China Mobile and UnionPay reach agreement on mobile commerce standards

China Mobile commerce ticketing payments

NFC-based mobile commerce may be poised for growth in China China Mobile, one of China’s largest telecommunications operators, and UnionPay, the country’s only provider of bank cards, have reached an agreement concerning standards meant to govern NFC-based mobile payments. The two organizations have been embroiled in a disagreement concerning these standards for some time, somewhat stagnating the growth of NFC-based mobile commerce. Now that a deal has been reached between the two organizations, standards are likely to be implemented on all payment systems that involve the use of NFC technology.…

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Mobile commerce may benefit from new partnership

Mobile trends Commerce Apps on smartphone

New partnership could ignite a promising future for mobile commerce The NFC Forum, a non-profit industry association that promotes standards for NFC technology, has announced that it has formed a liaison partnership with the Bluetooth Special Interest Group, a trade association focused on Bluetooth technology. The partnership will allow the two organizations to work more closely together in the future, potentially collaborating on projects concerning the use of NFC and Bluetooth technology. Both of these technologies have become quite popular in the mobile space, especially where commerce is concerned. NFC…

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NFC Forum announces new principle members

NFC Technology mobile commerce

New members inducted into the NFC Forum this week The NFC Forum, a non-profit organization that aims to promote the development and adoption of NFC technology, has announced the addition of several new companies as the organization’s principle members. Canon, Hewlett-Packard, and Yahoo! JAPAN have been inducted as principle members of the NFC Forum, joining several others that are making use of or promoting the adoption of NFC technology. The induction of new principle members is expected to bring more momentum behind the adoption of NFC technology in a number…

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Understanding mobile loyalty platforms that are transactional

Mobile marketing loyalty

There are many different types of transactional mobile loyalty platforms and, like the old punch card and plastic cards with the magnetic stripe, each of these new programs designed for mobile devices has their own benefits and drawbacks. Consider the following types of mobile loyalty platforms that are of a transactional nature: • Optical character recognition (OCR) mobile loyalty platforms To take advantage of these platforms, consumers must download a dedicated app into their smartphones and snap the image of each of their receipts. The concept behind this method is…

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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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Microsoft registers new NFC Tap and Do trademark for Windows 8

Microsoft mobile secrurity Outlook app

Technology giant Microsoft seems to have plans to enter the arena of NFC. The company has applied to register a new patent for its upcoming Microsoft Tap and Do initiative. According to the application, the trademark will be used to cover all of the company’s products that make use of NFC technology. This includes hardware, such as computers and mobile devices, as well as computer software. While this has implications for Microsoft’s long-term goals with technology, one of the mark’s immediate uses may be with the Windows Phone 8. The…

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Vizibility opens its NFC program to technology developers attending this year’s SXSW conference in Texas

NFC Technology

Vizibility Inc., an online identity management and professional services firm, has announced that it has opened up 1,000 spots for its previously private NFC beta program. The company has been experimenting with NFC technology for the past several years, hoping to develop a new platform for businesses and individuals to communicate more efficiently. The spots in the program are open only to those attending this year’s South by Southwest (SXSW) conference in Austin, Texas. Those participating in the program will be given one-year access to Vizibility’s NFC platform at no…

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Report shows the rampant growth of the NFC mobile applications market

Mobile commerce Risks

A new report from Markets and Markets, a market research firm, paints a promising picture for the future of NFC technology. NFC has been around for several years but has only recently become a technology of consequence. It has provided advertisers with a new way to engage consumers who are growing increasingly reliant on mobile technology. NFC has also helped birth the new industry of mobile commerce. As such, the market for NFC applications, such as mobile wallets, has become more valuable. In 2011, the market saw revenue growth of…

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Freescale Semiconductor and Inside Secure team to make new NFC-enabled prepaid electricity meter design

Electricity Meters

Freescale Semiconductor, a leading manufacturer of micro-technologies, and Inside Secure, a mobile technology company specializing in NFC, have come together to create a new contactless, prepaid utility meter design. The design aims to bring more security to the world of electronic meter products as well as help modernize the utilities industry. Prepaid electricity meters are quite popular throughout the world, but have been the target of fraud in the past. Both companies claim that the new design system will be much more reliable in terms of safety. The design is…

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