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700m NFC-equipped mobiles within 5 years?

Started by Ewan · 9 months ago

All it needs is Nokia (for example) to add Near-Field-Communication (transaction capabilities) and woooosh, we’ve got a whole new ball game.
A new analysis of the NFC mobile payments opportunity forecasts that 700m mobile subscribers globally will have phones equipped with N ... Continue reading »

1 comment

  • trsills

    9 months ago

    Makes perfect sense for the low dollar transactions. I was at a Best Buy the other day (local electronics retailer), and I asked about how many people checkout with their contactless POS terminals. The clerk said very few seem to have credit cards that are contactless but even worse, the ease of checking out was diminished since everyone has to still sign for purchases over $25. And in a place like that, you're lucky to get out of there for less than $100 =O
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