45 Carriers Endorse NFC as Mobile Payment Standard

Standard

45 Carriers Endorse NFC as Mobile Payment Standard.

Near-field communications (NFC) is far from being a standard in mobile payments, but the wave-and-pay technology may have gotten its biggest vote of confidence yet from the carrier community today, as some 45 of them endorsed NFC and committed to support and launch services based on it.

45 Carriers Endorse NFC as Mobile Payment Standard

But alongside these advances we have seen progress from many other camps, too, that underscores how people backing several other horses, too: the dongle-based payment service Square now has 800,000 merchants and is steadily rolling out new services to enhance the product; Zong, the Facebook payments partner, recently got bought by eBay’s PayPal; and Apple is dabbling in charging on its devices using its iTunes account information and barcode-scanning technology, of all things.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s