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NFC payments to reach tipping point in three years?
News The market for contactless mobile payments using near field communications (NFC) is set to reach a tipping point over the next three to five years, according to a new report by Juniper Research. The analyst forecasts the gross transaction value of... [18 Jul 2008]
Photos: Accenture waves goodbye to the wallet
Photo The custom built contactless payment terminal shown here demonstrates how NFC (near field communication) and RFID technology could soon allow phones to pay for goods and services, act as travel or gig tickets and transfer money between bank accounts. [31 Jan 2008]
O2 Tube trial takes mobile payments underground
News Sandra Alzetta, senior vice president, innovation and acceptance at Visa Europe, said the wallet phone "just gives customers more choice" and is a "natural follow on" from Visa's contactless card system. [28 Nov 2007]
Leader: Why cash will be weighing us down for years
Leader And now rather than hand over some cash or write a cheque it is possible to make a purchase by tapping a teller's till with your wallet or mobile phone using contactless and near field communications (NFC) payments. [12 Mar 2007]
Visa launches mobile payments platform
News Until now, Asia has adopted NFC more readily than other parts of the world, with operator NTT DoCoMo launching contactless payment phones in Japan in 2005. Visa has launched a mobile platform that it says will "lay the foundation" for commercial... [10 Jan 2007]
RFID credit card 'not a skimming risk'
News He said: "If you've got multiple cards in your wallet, or even worse multiple technologies, then when you put it up to the reader, the reader can actually support many different types of contactless payments. [03 Jul 2006]
Oyster and Octopus - a tale of two cities' contactless cards
Comment So while it's taking time for TfL to achieve a contactless payment standard and a ubiquitous ticket for Londoners, the likes of MasterCard and Visa have had enough time to realise contactless payments are a huge opportunity. [28 Jun 2006]
Why Oyster's e-money plans hit the buffers
News The company is starting to introduce chip and PIN across its 50 UK sandwich shops but would welcome a switch to contactless payments to trim the queues that can result from typical credit card payments. [09 May 2006]
Nokia and Visa team up for credit cards
News Currently just one Nokia model is available with the Visa Wave service - the 3220 - which is equipped with contactless technology using an NFC 'shell'. He said: "Europe is a bit behind in contactless. [28 Apr 2006]
Cheat Sheet: NFC and contactless payments
Cheat Sheet NFC is a short range wireless technology, very similar to RFID and reminiscent of Bluetooth, commonly used for contactless payments. DoCoMo sells 'osaifu keitei' or wallet phones, with NFC functionality embedded. [20 Apr 2006]
Cash to become a thing of the past?
News MasterCard is currently pushing its contactless payment product, One Smart PayPass. Last year one silicon.com reader said people who carry contactless payment cards could be putting their money at risk. [10 Feb 2006]
New York Subway gets wireless payment cards
News Japan Rail recently launched its Mobile Suica service, which allows people to pay for their journey by swiping a 'mobile phone wallet' - a handset with contactless payment capabilities - over the turnstile reader. [31 Jan 2006]
Buy a burger with your mobile - the future of payments
News But few burger fans will have realised that the contactless payment card they used to pay for their lunch is going to shake up the market over the next few years. Contactless payments could mean fierce competition for financial services providers... [11 Oct 2005]
Cheat Sheet: Contactless payments
Cheat Sheet Contactless payments (CP) - what's that, then? The US arm of HSBC is distributing one million of MasterCard's PayPass contactless cards to its customers, who can now use them in McDonalds, 7-Eleven stores, motorway toll booths and cinemas. [11 Oct 2005]
Has technology finally emptied your wallet?
News He added that the company is trying to take its products into areas where RFID can be used in place of 'real' money and using contactless technology to lower the margin of entry for cash-based merchants to accept electronic payments. [17 Mar 2005]
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