Contactless unlikely to be common practice soon - study

Tuesday 1 May 2012 | 10:31 CET | News
Conditions are not right for contactless mobile payment to become everyday practice in the short term, according to a study by research institute CSA. Although some people have hailed 2012 as the big year for m-payment, others, including CSA take a more conservative view, Businessmobile.fr reports. Merchants are taking longer than expected to equip themselves with the country's Moneo contactless readers. The necessary conditions are the availability of NFC-compatible phones, the equipping of shops and winning the trust of consumers and future users. Things are going well in terms of device

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Categories: Mobile & Wireless
Companies: Moneo
Countries: France
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