Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

NFC still a ways off

Friday, October 17, 2008

NFC payments finished a distant sixth among wireless providers when asked to rank their investment priorities this year. That’s according to a joint survey of RCR Wireless News and The Yankee Group which found that even contactless payments finished in fourth place. Remote commerce was ranked first, followed by mobile banking, then mobile coupons according to the U.S.-dominant survey.

However, that will likely change next year. “Even though NFC payments received the lowest number of responses for capital investment in 2008, it is quite the opposite in 2009 — 21% of enterprises investing in NFC will be investing in 2009 vs. 13% in 2010 and 2011,” according to the report. Read more here. [end] 

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