BNP Paribas launches new NFC-based mobile commerce initiative

NFC Technology mobile commerce

Mobile commerce initiative forms with the help of MasterCard and Gemalto BNP Paribas Group, one of the world’s largest banking organizations, has announced the launch of a new mobile payment initiative based on NFC technology. The organization has partnered with MasterCard for the initiative, allowing customers to utilize their line of credit in order to purchase products from their smartphones. These smartphones will be equipped with NFC-enabled SIM cards provided by Gemalto, a leading security firm. The initiative is meant to provide consumers with an efficient and security way to…

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SK Telecom develops new way to make every mobile device NFC capable

Example of SIM Card wearable technology

Mobile commerce is beginning to gain a fair deal of momentum in the world. The concept is proving to be appealing to consumers that have become conjoined with their smart phones. The problem, however, is that those with NFC-enabled smart phones do not account for the majority of the market, putting mobile commerce in a precarious position. A Korean telecommunications company has designed a solution that could save the future of the industry. SK Telecom, South Korea’s largest mobile telecommunications company, has developed a new SIM card that can imbue…

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