Readers of Mobile Money Live are split on how the mobile industry should address user fears about NFC security. A number of surveys in recent months have revealed concerns about criminals finding holes in NFC security.
Online payments giant PayPal will enable consumers to make payments in Home Depot stores by inputting their mobile numbers into payment terminals as part of a pilot with the retailer.
The French government has shortlisted 17 cities, including Paris, to receive EUR20 million in support for the deployment of NFC services, with most applicants focusing on public transport systems, often seen as a key way to promote the take-up of the short-range wireless technology.
Mobile operator KT says Korea already has five million NFC handsets in use by cellular subscribers and predicts that number will rise to 20 million by the end of this year, according to a report in NFC World.
Stafford Masie, an IT industry veteran who has headed Google’s office in South Africa, has …
This new feature video from Mobile Money Live reveals how leading players are split in answering the question of whether the mobile phone can ever takeover from the physical wallet in the world of payments.
Mobile operator Turkcell has further expanded the addressable market for its NFC-based mobile wallet service by joining forces with Akbank, a leading Turkish bank.
South African mobile operator Vodacom has been awarded a licence to sell insurance as it seeks to broaden its range of mobile money services which currently include the M-Pesa payment service and a trial of NFC technology.