NFC technology experiences considerable surge in global use

NFC technology use World Wide

A recent survey shows that consumers have a greater awareness of the tech and are satisfied by it. A new study conducted by ABI Research has shown that consumers are considerably more familiar with NFC technology, and they are more satisfied with it as well. Over eight out of every ten consumers have used a contactless card or mobile payment wallet. According to the research, more than 85 percent of consumers have used NFC technology in the form of a “contactless card or mobile payment wallet.” Moreover, they have increased…

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Does Apple have the right to the NFC technology used for its mobile wallet?

NFC technology - Apple wallet

Aire Technology patent-holding company has filed a lawsuit against the iPhone maker. Irish patent-holding company Aire Technology has sued Apple over alleged patent infringement for the NFC technology and digital wallet tech used in many iPhone models. The lawsuit was filed with the US District Court for the Western District of Texas. The company’s lawsuit asserts that Apple products such as the iPhone and Apple Watch “that support NFC and/or mobile payment applications, such as Apple Pay […] infringe at least one claim” of three US patents. Those patents were…

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Google Pay, Apple Pay and mobile payments are ubiquitous except in smaller areas

Mobile payments - paying with mobile - NFC

It may seem that smartphone transactions are everywhere, but small communities are being left out. Being able to accept mobile payments through services such as Apple Pay and Google Pay have offered powerful advantages to both businesses and customers, but research is showing that smaller communities are being left out of this benefit. Despite widespread recognition and adoption, contactless smartphone payments are limited in small communities. Though the use of mobile payments in small communities and rural areas isn’t non-existent, it remains limited at best. The businesses offering these transactions…

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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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