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Three things that have to happen for NFC to take over in the U.S.

05/10/201105/10/2011 Jennifer Goula

With all of the recent hoopla over Near Field Communication (NFC) technology and mobile payment systems; it wouldn’t be fair to make quick judgement, unless we take a look at a few things that are holding up the technology. Most people are gung-ho NFC, but there are still nay-Sayers out there who are saying we won’t see it for at least two or three years. Everyone is all ready shouting about how mobile payments will replace the wallet. It is very exciting technology and the potential it has for other…

London city on the fast path to virtual wallets

05/07/2011 Jesse Collins

If you happen to be taking a trip to London anytime soon, you’ll have to check out Vodafone’s newest launch of pay- by- text. They joined forces with a cab service; over 500 of London’s black cab’s got a makeover and now sport a giant Union Jack flag. Send your cab registration number and your trip amount via text and they add it to your monthly bill. This is just one of the ways that telecommunications companies are starting to integrate mobile payments into society and everyday life. Paying for…

Google working on NFC mobile coupons

05/06/2011 L. Green

Google is working with Ingenico on a way to start making use of their NFC enabled Smartphone’s. The service would send a redeemable coupon to the customer’s Smartphone while they’re shopping in the store. The coupon would then be redeemed on checkout and subtracted from the total purchase. Near Field Communication (NFC) technology has been in the works to be made a method of payment for Smartphone users. Several of the new Smartphone’s that have come out, or are coming out, are enabled with NFC technology. NFC works by radio…

No NFC mobile payment platforms

05/05/201105/05/2011 Sam Lambert

More big name companies are making their way into the realm of mobile payments and point-of-sale (mobile) transactions. As a flurry of companies jumps into the ring to become the leader in mobile payment commerce, other companies get on board to get their share too. In a bold move to do something a little different, PayPal bought mobile payments start up Fig Card. PayPal is an e-commerce business that allows online payments and money transfers. Fig Card doesn’t need NFC chips; it works for the customer by downloading a…

San Francisco first in line to try NFC phones

05/05/2011 Jennifer Goula

More than 70 thousand San Francisco residents may be among the first to get to use the new interactive Near Field Communications (NFC) technology. Over the next six months RMG Networks will implement the new program called mTag. The development was a joint venture between RMG Networks and Blue Bite. Reach Media Group (RMG Networks) is headquartered in San Francisco, California. RMG Networks is a place-based media company that provides news, video entertainment and information, along with away from home solutions for advertising. RMG’s digital out of home (DOOH)…