French NFC m-payments market still in infancy – report

Tuesday 25 January 2011 | 14:20 CET | News
Nine months after the launch of the 'Cityzi' NFC-based mobile payments trial in the French city of Nice, the local mobile contactless payments market is still in its infancy phase owing to many obstacles, French newspaper Les Echos writes. At present, stakeholders are continuing to search for the most effective business model. One of the largest obstacles the trial is encountering is the lack of interest shown by banks. Disputes over revenue sharing, investment, and customer files between banks and telecom operators represent another impediment. What is more, Banque Populaire-Caisse d'Epargne

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Categories: Mobile & Wireless
Companies: Bouygues Telecom / Orange / Samsung / SFR
Countries: France
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