Posts Tagged Nokia

NFC poised to take off!

NFC is predicted to enter an explosive growth phase during 2011. But where will the major roll out of contactless mobile payment begin and who will take the lead? Find out more in these articles:

SAN FRANCISCO—Boosted by support from heavyweight wireless players Nokia Corp. and Google Inc., use of near field communication (NFC) in handsets is poised to begin an explosive growth phase next year, according to market research firm iSuppli Corp.

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The global market for smart phones with near-field communication technology (NFC) will heat up in 2011, opening the way for contactless payments via mobile phones, according to a new report from Mercator Advisory Group Inc. But while the U.S. is poised to be a breakout market for NFC at some point, it is not likely to be among the first countries to roll out contactless mobile payments.

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