ContactlessNews | Report: Contactless payment market

Tuesday, December 27, 2011

Research and Markets announced the addition of Polasik Research’s contactless payment cards market report, “The Global Contactless Payment Cards Market”, to its offering.

The report describes the evolution contactless payment methods used at point-of-sale, with reference to the solutions offered under the American Express/MasterCard/Visa Agreement. The report also examines the prospects for the development of contactless payments all over the world, including the potential to develop into NFC-based mobile payments.

The report goes further to discuss the benefits contactless payments can bring to all market participants, including card issuers and merchants. Companies mentioned include Gemalto, NOKIA, Sony, Barclays Bank, Octopus, Citibank, EZ-Link, McDonald’s; among others.

“The Global Contactless Payment Cards Market” is based on the opinions of experts and business practitioners as well as on a range of data obtained from the most important contactless payments market participants and international consulting firms.

To read more on this, and key finding, click here.

Identive's tomPAY sticker turns any mobile phone into a contactless payment device

Identive Group announced tomPAY, an NFC-enabled sticker tag that can be affixed to existing mobile phones to enable contactless payments.

Based on Identive’s tom (tag on metal) smart inlay technology, tomPAY is manufactured using the same processes as an ISO PVC card. When placed on a phone, tomPAY enables contactless mobile payments in compliance with MasterCard PayPass specifications, as well as loyalty, transport ticketing and other m-commerce services.

Canadian banks issue NFC payment guidelines

Canada’s banking and credit union groups have come together to create a set of open guidelines for the development of mobile payments at point-of-sale in Canada.

POS Portal to distribute Ingenico NFC/EMV readers in U.S.

POS Portal, a national distributor of point-of-sale terminal modules, has selected Ingeico’s Telium series of NFC and EMV-enabled products for sale and distribution to its independent sales organizations in the U.S.

Report: NFC payments here to stay for 9 out of 10 users

Nine out of 10 previous users of contactless mobile payments are likely to use the technology again in the near future, according to eDigitalResearch’s new Mobile Payment Index study.

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