Absa expands NFC technology trial

NFC Technology mobile payments

NFC technology trial sees expansion in South Africa Absa, one of the largest banking groups in South Africa, has announced the expansion of its NFC technology trial. The trial was initially launched in December of 2011 and involved 500 of the bank’s staff. The trial was meant to examine the benefits of NFC technology and its uses in mobile commerce, specifically where money management is concerned. These funds could be used to purchase products at participating stores throughout South Africa. Absa aims to deploy 4,000 NFC-enabled terminals by third quarter…

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