November 16th, 2011

45 mobile car­ri­ers endorse NFC based mobile pay­ment standard


nfc 150x94 45 mobile carriers endorse NFC based mobile payment standard45 mobile car­ri­ers endorsed Near-​field com­mu­nic­a­tions (NFC) based mobile pay­ment stand­ard and com­mit­ted to launch and sup­port ser­vices based on it, accord­ing to the mobile trade body the GSMA. The endorse­ment also included the release of hand­sets and SIM spe­cific­a­tions for the technology.

It remains to be seen whether this com­mit­ment holds true and whether other crit­ical stake­hold­ers in the mobile pay­ment pro­cess — hand­set makers, infra­struc­ture pro­viders and pay­ment pro­cessors — fol­low suit.

The com­mit­ment by the mobile car­ri­ers is the latest devel­op­ment in the battle for share in the mobile pay­ment pro­cess mar­ket, using both with and without NFC technology.

Veri­fone, the pay­ment ser­vices pro­vider that worked with Google on its Google Wal­let ven­ture, is acquir­ing European rival Point for €600 mil­lion ($811 mil­lion) to expand the num­ber of loc­a­tions where it can offer its NFC-​based pay­ment ser­vices. Intel and Mas­ter­Card have partnered to offer an NFC authen­tic­a­tion option for pay­ments made on Ultrabooks.

Orange has launched NFC pay­ment ser­vices in selec­ted mar­kets in Europe with plans to expand deploy­ment, whilst oth­ers, like AT&T, T-​Mobile and Ver­i­zon, are already work­ing on NFC part­ner­ships through their Isis consortium.

How­ever, oth­ers are pur­su­ing non NFC-​based options. Most not­ably Square, the pay­ment ser­vice mostly known for its dongle based mobile pay­ment tech­no­logy, now has 800,000 mer­chants and is stead­ily rolling out new ser­vices, such as the Card Case app, to enhance its offering.

Strategy Ana­lyt­ics fore­casts that there will be sales of 1.5 bil­lion hand­sets with SIM-​based NFC cap­ab­il­it­ies world­wide between 2010 and 2016, and that in that period there will be $50 bil­lion in mobile trans­ac­tions made. ABI Research believes that 85% of all new point of sale ter­min­als shipped in 2016 will be NFC-​enabled.

The 45 mobile carriers:

América Móvil, AT&T, AVEA, Axi­ata, AXIS, Bharti Air­tel, Bouygues Tele­com, China Mobile, China Uni­com, CSL, Deutsche Telekom, Elisa Cor­por­a­tion, Emir­ates Integ­rated Tele­com­mu­nic­a­tions Com­pany PJSC (du), Etis­alat, Everything Every­where, Globe Tele­com, KPN, KT Cor­por­a­tion, Maxis, Mobily, MTS, Orange, Prox­imus, Qtel Group, Rogers Com­mu­nic­a­tions, Saudi Tele­com Com­pany (STC), SFR, SK Tele­com, Smart, SOFTBANK MOBILE, Tele­com Italia, Tele­com New Zea­l­and, Tele­com Slov­en­ije, Tele­fón­ica, Telekom Aus­tria Group, Tel­enor, TeliaSon­era, Telus, TMN, Turk­cell, Ver­i­zon, Vimpel­Com, VIVA Bahrain and Voda­fone Group.

4 comments to 45 mobile car­ri­ers endorse NFC based mobile pay­ment standard


  • […] View ori­ginal post here: 45 mobile car­ri­ers endorse NFC based mobile pay­ment standard … […]


  • […] 45 mobile car­ri­ers endorse NFC based mobile pay­ment stand­ard … América Móvil , AT&T, AVEA, Axi­ata, AXIS, Bharti Air­tel, Bouygues Tele­com, China Mobile , China Uni­com, CSL, Deutsche Telekom, Elisa Cor­por­a­tion, Emir­ates Integ­rated Tele­com­mu­nic­a­tions Com­pany PJSC (du), Etis­alat, … Go here to see the ori­ginal: 45 mobile car­ri­ers endorse NFC based mobile pay­ment standard … […]


  • […] See the ori­ginal post: 45 mobile car­ri­ers endorse NFC based mobile pay­ment standard … […]


  • […] pos­ted here: 45 mobile car­ri­ers endorse NFC based mobile pay­ment stand­ard … This entry was writ­ten by Editor, pos­ted on 16/​11/​2011 at 17:18, filed under Tele­com and tagged […]

Leave a Reply