Ovum predicts that Apple will finally enter into the mobile commerce space Ovum, a market research firm based in the United Kingdom, has released its latest 2014 Trends to Watch report, which predicts that Apple will finally enter into the mobile commerce market this year. Apple has approached the mobile commerce space with caution due to the security issues that exist therein. It had been speculated that the iPhone 5 would include NFC technology, but Apple has little faith in NFC, especially when it comes to using the technology for…
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China Mobile and UnionPay reach agreement on mobile commerce standards
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.…
Read MoreNFC market shows some promise
New report highlights the growth of the global NFC technology market Markets and Markets has released a new report concerning the global NFC market. NFC technology has served as the foundation for mobile commerce for several years, but the technology can be used for much more than facilitating mobile shopping and payments. NFC is also quite capable when it comes to data sharing, allowing consumers to send digital information in a relatively easy and efficient fashion. The report shows that NFC is beginning to gain momentum around the world, even…
Read MoreNFC technology based wallet from Rogers broadens system reach
The Canadian telecom giant has used their new suretap™ program to expand its mobile payments. One of the wireless and media giants in Canada that has been the most involved in mobile payments, Rogers Communications, has just announced the launch of their suretap™ wallet, which is to be based on NFC technology, like many of their other smartphone transaction services. Rogers first entered into the Canadian mobile payments space a year ago using this tech. Now, the company is implementing the second step of its overall strategy, which uses NFC…
Read MoreNFC technology will be in over a half billion devices next year
Though it may have appeared that near field communication was losing popularity, that clearly isn’t the case. Although it may appear that some companies are looking for paths other than those using NFC technology – such as the recent moves made by large mobile payments wallets to include QR codes – this is not at all the case when it comes to device manufacturers. In fact, a new report has suggested that the number of enabled devices will reach 500 million next year. The report, entitled “NFC Devices, Strategies, and…
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