Banks prepare the way for NFC, mobile to follow

Thursday 1 November 2012 | 13:09 CET | Author: Bart Garvelink | Background
The market for NFC-based payment services should get a big boost next year, as ABN Amro and ING make the switch to dual-mode bank cards, supporting both chip and NFC payments. This should also stimulate upgrades in point-of-sale terminals. Rabobank is also investing in its own way in the NFC value chain, by switching directly to NGC mobile payments. At the same time, mobile operators Vodafone and T-Mobile have selected an end-to-end NFC platform from Gemalto to support their m-payment plans. KPN has yet to show its cards.

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Categories: Mobile & Wireless
Companies: ABN AMRO / Apple / Deutsche Telekom / Gemalto / KPN / MasterCard / PTC / T-Mobile / T-Mobile Poland / Vodafone Group
Countries: Netherlands
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