Between 2012 and 2017 the installed base of NFC-enabled handsets will increase at a compound annual growth rate of 65% to reach 2.1bn units, according to new research from Berg Insight. "The penetration rate for NFC across all handset segments will similarly increase to approximately 32% by 2017."
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Worldwide mobile payment transaction values will reach US$235.4bn in 2013, a 44% increase on 2012's $163.1bn, according to a new forecast from Gartner — but NFC transactions will account for a smaller than expected proportion of that total and the overall market value has also been reduced.
The new service enables keys, certificates and NFC credentials to be stored securely in a remote location, rather than in the mobile device, is fully compatible with standard EMV contactless payments terminals and enables card issuers to deploy NFC solutions without the need to partner with mobile network operators or other third parties.
Apple has been granted a patent for System and method for simplified data transfer, which describes a system for simplifying the task of syncing devices and choosing which files to share between them. The "Grab & Go" patent describes in detail how NFC could be used to enable Apple devices to synchronised easily and was applied for in 2009.
Riders in 5,000 taxicabs in the U.S. would be able to tap on NFC tags on video advertising screens to download apps, brand information, coupons, maps, music and videos, according to technology suppliers that have equipped the taxis for potential advertising campaigns.
The event takes the place of Informa Telecoms and Media’s Mobile Financial Services Summit, which had a 15-year run. The organizer said the change reflects developments in the market. The event will address the m-commerce ecosystem’s critical business, partnership, technology and security questions, as both operators and OTT players begin to implement different approaches to securing a return-on-investment through their m-payment propositions. The event will also look at applications and products for mobile advertising and marketing campaigns, with couponing, location-based services and loyalty schemes.
Mobile operator TIM Brasil and Banco Bradesco have disclosed plans for an NFC trial that they say would enable users to pay for purchases at contactless point-of-sale terminals by tapping their Motorola or LG Electronics NFC phones, with the funds deducted from their debit accounts.
Bradesco, one of Brazil’s largest banks, said in its announcement of the trial that it expects the bank and TIM to commercially launch NFC by the end of 2013.