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As faster, more convenient, and cheaper payment methods gain popularity, India-specific innovations such as stripped down POS devices will help digitise merchant payments in smaller towns and cities.
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The device only accepts NFC-based tap and pay that does not require PIN for card payments. However, it also means that it does not accept swipe payments and a single transaction value cannot be higher than Rs 5,000.
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The commission is of the view that Apple abused its dominant position for mobile wallets on iOS devices
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ICICI Bank has launched contactless mobile payment solution through which its customers will be able to make payments by waving their cell phones near a contact-less merchant terminal.
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Called the SBIinTouch cards, these contactless debit and credit cards are more secure and hassle-free to use at merchant outlets or ATMs and use the NFC technology which enables users to make payments by waving or tapping the card near the contactless reader instead of swiping or dipping it.
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It‘s been a while since we‘ve had a true ‘Apple moment‘ at one of its press events. Tuesday‘s expected introduction of the iPhone 6 (and possibly more) could end that drought.
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This may decline as attach rates in other categories, including computing peripherals, digital cameras and printers, domestic appliances and automotive, increase more rapidly.
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Gemalto, the world leader in digital security, announces its selection by SoftBank Mobile for the commercial launch of mobile NFC services in Japan.
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A hybrid approach to m-payments needs efficient solutions to mitigate security risks involved in data transmission.
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The advanced system combines the media sharing technologies of SmartShare with the integrated home appliance management capabilities of SmartControl...
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The M-Payments industry in India alone is expected to grow from $86mn in 2011 to $1.15 billion in 2016.
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Announced completion of two pilot programs that validate how mobile access control using NFC-enabled smartphones can allow employees to open doors with a mobile device.
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Gartner's 2012 Hype Cycle for Emerging Technologies identifies "tipping point" technologies that will unlock long-awaited technology scenarios.
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The number of mobile payment users will reach 212.2 million in 2012, up from 160.5 million in 2011, says Gartner.
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Offer mobile physical access systems for the enterprise.
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Slowly but surely, near field communications is emerging as a common mode of connectivity for smartphones.
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Gone are the days of heavy wallets, just a couple of cards work fine for the new web-age. Using near-field ...
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Cooperation between telecom operators and financial institutions aims to promote M-Payment services - customer retention is a priority.
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We first heard about Mozilla‘s Boot to Gecko mobile OS, back in July 2011. The idea is that instead of booting ...
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While NFC being used to transfer cash from one person to another is the trend du jour, Barclays has launched ...
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Google Wallet's prepaid card service faces a threat; but the company maintains that the service is still a better bet over physical cards.
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NFC or Near Field Communications – what is this latest technology all about? Tech Toyz helps you gain some clarity.
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The way in which we transmit and receive data on the phones, wirelessly has changed over the years. We‘ve gone from transferring data between devices
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Here's our latest list of handsets that we're most looking forward to seeing in the near future.
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NFC-enabled smartphones from Samsung, LG, and RIM approved for use with Visa payWave
