NFC technology enabled smartphones will fall short of predictions

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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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