Chinese QR codes remain head and shoulders above NFC technology

Chinese QR Codes - Mobile Shopping and Mobile Payments

When it comes to m-commerce and mobile payments, consumers in China prefer quick response codes. Despite the fact that mobile payments based on NFC technology are present, Chinese QR codes remain most popular. Apple Pay, for example, didn’t make it into the country until 2016. This gave quick response codes lots of extra time to make it into mainstream use. Mobile payments are commonly used in China, but NFC isn’t the top tech. Two mobile payments services had been available for quite some time and used QR codes. Tencent launched…

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NFC mobile payments will be used by 1 in 4 Brits in 2017

NFC Mobile Payments Mastercard QR Code PayPass MasterPass

New research from MasterCard has predicted that over the upcoming 12 months there will be a significant shift. MasterCard has now released the results of a new research study in which it determined that NFC mobile payments will be used by one quarter of all Brits throughout the next twelve months. This will represent a considerable increase in the trend toward the use of mobile wallets in the U.K. At the moment, MasterCard’s figures show that the current rate of use of NFC mobile payments within this market is at…

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NFC technology now supported by Square mobile payments reader

Square Inc. mobile payments nfc technology

This allows small business merchants to accept payments from mobile wallets like Apple Pay and Android Pay. While Square had previously allowed mobile payments to happen through the swiping of a credit card through a simple dongle attached to a mobile device, among other means, it has now upgraded to use NFC technology, which will open the door to compatibility with a broad spectrum of different mobile wallet app based transactions. This has considerably changed the environment when compared to the company’s original model. The new dongle that is NFC…

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Claro to launch new mobile payments service in Brazil

Quick Tap NFC technology service mobile payments service

New service to be made available in summer Brazilian mobile operator Claro has unveiled plans to launch a new mobile payments service throughout the country. The launch of this service is being slated for summer and Claro has partnered with Bradesco, a prominent financial institution, and Giescke & Devrient, makers of SIM cards, in order to make the service come to life. Mobile commerce has been gaining momentum in Brazil recently as more consumers gain access to smartphones and tablets. Service to be based on NFC technology Through Calro’s service,…

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Report highlights awareness of NFC-based mobile commerce in the UK

NFC technology mobile commerce

NFC seems unpopular with UK consumers YouGov, an online market research firm, has released a report focused on NFC technology. NFC has been gaining a significant degree of attention in recent months due to reports concerning its security and the fact that it is losing ground in the field of mobile commerce. NFC has long formed the backbone of mobile payments, used by retailers and other businesses to facilitate payments in a relatively efficient manner. NFC may not be as popular as many believe, however, despite the apparent popularity of…

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