By Jeff Staples, vice president of market development strategy, Blackboard Transact
Contactless technology is rapidly growing in adoption for all types of payment and ticketing systems. According to Eurosmart, 630 million secure contactless cards were shipped in 2008 alone and we have seen the number of trials for near field communication (NFC) products grown exponentially since the late 2000s.
K-Plussa launched an upgraded, contactless version of its cash card to provide a faster and easier shopping experience for costumers at the checkout. K-Plussa is a customer loyalty programmed in Finland offering benefits to its customers from over 3,000 shopping places and over 40 business partners.
INSIDE Secure has developed a way to fit an NFC card emulation solution into a standard SIM card form factor and still achieve industry-standard 4-centimeter proximity transaction performance.
Inside Secure has launched a free, open-source NFC protocol stack for Google’s new Android 4.0 “Ice Cream Sandwich” mobile operating system.
According to Inside, Open NFC 4.3.3 is compliant with the Ice Cream Sandwich release Compatibility Definition Document (CDD) for NFC, and supports all the latest Android NFC features, including Android Beam and WiFi Direct pairing connection.
German bank, Sparkasse will pilot contactless payments for its bank credit card users, reports Venture Village.
Locations in Hannover, Braunschweig and Wolfsburg will be some of the first for the trial, which begins in April. More than 1.3 million customers will receive the new bank cards complete with contactless functionality.
MarketResearch.com has released a new report predicting that approximately 46% of all mobile phones will be NFC-enabled by 2016 – up from just 5% in 2011.