Rather than adopt Apple Pay or some other NFC-based payment service, CVS just launched a mobile payment solution of its own. “It’s aptly called CVS Pay, and it shows a barcode on the phone screen that the pharmacy can then scan to ring up your purchases, so long as you link a credit or a debit card to it,” Engadget reports.Read more »
Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), continues to give workers the competitive edge necessary to increase productivity and improve workflow while saving time, energy and resources with the introduction of the multifunction printer bizhub C658 series.Read more »
Samsung Pay users are being offered rewards via a new introductions promotion called the High Five Referral program, which credits their account with US$5 every time a customer they referred to the mobile payment app makes a first qualifying purchase.Read more »
Hampshire, UK – 8th August 2016: A new study from Juniper Research has found that the global value of contactless POS (point of sale) terminal transactions, conducted in-store via cards, mobile and wearables, will approach $500 billion annually by 2017; this is up from an estimated $321 billion this year.
However, the low value nature of contactless payments means that it will only represent just 5% of the total value of all POS transactions in 2017Read more »
The NFC Forum announced today the release of a fun, fast-moving animated 80 second video titled “What is NFC?” The educational and shareable video shows how, with one tap of an NFC-enabled mobile device, NFC can make daily life easier and more connected. https://www.youtube.com/watch?v=8q9iISSRx7kRead more »
WAKEFIELD, Mass., USA – July 20, 2016 – The NFC Forum announced today the release of a fun, fast-moving animated 80 second video titled “What is NFC?” The educational and shareable video shows how, with one tap of an NFC-enabled mobile device, NFC can make daily life easier and more connected. The video can be used in presentations and shared directly from YouTube: https://www.youtube.com/watch?v=8q9iISSRx7kRead more »
Without singling any party out, I think we can agree that there is a blanketed air of confusion in the mobile industry – a conflation of language, if you will.
Those of us working with this technology day in and day out (myself included) can default to jargon, and media conversations often follow suit as they surmise what specific technology, category of devices, app providers or ecosystem is going to “win.” There’s an inescapable deluge of acronyms used to describe the technologies that power and secure mobile transactions in particular: NFC, HCE, BLE, RFID, EMV, MST…the list goes on. It’s important for us to draw distinctions between terms that are misused or incorrectly interchanged. It’s time to set the record straight on exactly what these contactless terms represent, what the technologies do and why there is confusion in the first place.Read more »
Pokémon Go is already a huge hit — but the game is missing a few key features that fans of the franchise have come to expect. Trading pokémon with friends has long been an essential component of catching ’em all, but this activity isn’t currently available to Go players.Read more »
Square’s new Apple Pay terminal is now available for those businesses who are interested in buying it. They are offering a contactless terminal that is compatible with Apple pay with an option of an installment plan of $1 a week. This new payment plan is of a 60 week period. Over the standard cost there is a premium of $11 however in order to pay it off in full, more than a year is given to merchants.Read more »
Recognizing that Near Field Communication (NFC) is the de facto standard for short-range communication and that NFC innovation and deployments have expanded the NFC ecosystem, the NFC Forum announced today a new reduced membership fee for startups. The Startup Implementer Membership fee is exclusively for NFC-focused startup technology companies. It allows these young and developing companies to participate in the NFC Forum’s technical, marketing, and educational efforts via the Forum’s Special Interest Groups (SIGs). Startup Members are also granted free access to NFC Forum technical specifications and may participate in the Certification Program.Read more »
Research and Markets – Global Mobile Wallet and Payment Technologies Markets Report 2016-2020 – Market is expected to reach $635.0 billion by 2020
Research and Markets has announced the addition of the “Mobile Wallet and Payment Technologies: Global Markets” report to their offering.
The global mobile wallet market reached $46.8 billion in 2014. The market is expected to reach $635.0 billion by 2020 from $113.5 billion in 2015, increasing at a compound annual growth rate (CAGR) of 41.1% from 2015 to 2020.Read more »
For over a year after its introduction, Apple Pay was the only real option for consumers who wanted to pay with their smartphone. That changed towards the end of 2015, when Android Pay and Samsung Pay were rolled out.Read more »
Shin Ishihara 輔氏 to serve as senior researcher at the National Institute for Materials Science (NIMS) frontier molecule group of international Nanoarchitectonics July 7, 2016, developed a sensor material that when exposed to the toxic gas conductivity is greatly increased it announced that it was. This article is in the Japanese language.Read more »
Mitsubishi Electric, announced IH rice cookers equipped with the cooperation function of the smartphone the “charcoal charcoal cooking pot NJ-VA107 form”. It is released from July 21. It should be noted that the smartphone for operation app, starts providing from July 8. This article is in the Japanese language.Read more »
“This phone has NFC compatibility,” is a statement that you hear often these days. Lot of smartphones have adapted to the Near Field Communication protocol and applications for NFC have been growing by the day. Lets take a quick look at what NFC is and its application in the smartphone industry.Read more »
More than a quarter of U.S. smartphone owners use payment apps at least once a month, according to Parks Associates. Their report finds m ore than three million retailers combined accept Apple Pay and Android Pay, but consumers currently prefer retailer specific apps, such as the Starbucks payment app, which accepts five million transactions per month. These large retailer apps are able to control all aspects of the payment app experience within their stores.Read more »
/EIN News/ — San Francisco, June 24, 2016 (GLOBE NEWSWIRE) — NFC stands for Near Field Communication. This technology allows various devices such as tablets, phones, and laptops to communicate with other NFC-equipped devices. Its origin lies in the RFID (Radio Frequency Identification) technology. NFC is effective within a radius of four inches. But unlike Bluetooth, it does not need to be manually paired with another device for data transfer.Read more »