This could finally be the call for true M-Commerce: an impressive list of the silverback gorillas in mobile have apparently agreed to cooperate on NFC (near field communication). Nokia, Samsung and LG from the OEM side, Mastercard on the payment side and a whole raft of large carrier groups, including China Mobile, Vodafone, Cingular, Orange, Telefonica, O2, SFR, SKT, KPN, and WIND signed up. Since the chips are being provided by NXP (formerly Philips Semiconductors) and Sony, it may be expected that Sony Ericsson will also sign up.
This group could finally have enough muscle to push this technology into the market and solve the chicken-and-egg problem: only when a critical mass of handsets is equipped with the technology will it be attractive for vendors and service providers to equip their retail outlets, etc with the respective technology. The three handset makers now committed together represent nearly half of the entire market, which should give this a good push.
So, besides catching the London Tube and buying a Coke, you might also be able to download the latest games, applications and tunes to your phone, always paying by coolly waving your phone and quickly entering a PIN. Bright future...
2007-04-26
NFC finally to arrive on mobiles?
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This technology is being trialed in New York right now. I am not aware of trials in Europe, but I would expect that region to distribute this technology after is has been very successful in Asia, particularly Japan.
ReplyDeleteMore on the NYC Mobile Trial is here:
http://www.mastercard.com/us/paypass/mobile/index.html
The mobile device is a Nokia 6131 with NFC. It appears Nokia is really at the forefront of this mobile payment technology and Motorola and some other handset makers are behind in this area.
This is the Nokia 6131 NFC website:
http://www.nokia.com/link?cid=EDITORIAL_81777\
Although, the US has more contactless acceptance readers at merchants, it does not have mass mobile phone with mobile payments distribution yet. In contrast, Europe does not have mass acceptance of contactless payments, yet this deal has been announced to include payment technology in Nokia handsets and other handset makers products.
What will they do?--- ramp up merchant acceptance of contactless payment in Europe to meet the supply of phones with such technology, or shift strategy and sell handsets into the US to be used at the thousands of contactless merchants already taking “wave” payments?
This technology is being trialed in New York right now. I am not aware of trials in Europe, but I would expect that region to distribute this technology after is has been very successful in Asia, particularly Japan.
ReplyDeleteMore on the NYC Mobile Trial is here:
http://www.mastercard.com/us/paypass/mobile/index.html
The mobile device is a Nokia 6131 with NFC. It appears Nokia is really at the forefront of this mobile payment technology and Motorola and some other handset makers are behind in this area.
This is the Nokia 6131 NFC website:
http://www.nokia.com/link?cid=EDITORIAL_81777\
Although, the US has more contactless acceptance readers at merchants, it does not have mass mobile phone with mobile payments distribution yet. In contrast, Europe does not have mass acceptance of contactless payments, yet this deal has been announced to include payment technology in Nokia handsets and other handset makers products.
What will they do?--- ramp up merchant acceptance of contactless payment in Europe to meet the supply of phones with such technology, or shift strategy and sell handsets into the US to be used at the thousands of contactless merchants already taking “wave” payments?
This technology is being trialed in New York right now. I am not aware of trials in Europe, but I would expect that region to distribute this technology after is has been very successful in Asia, particularly Japan.
ReplyDeleteMore on the NYC Mobile Trial is here:
http://www.mastercard.com/us/paypass/mobile/index.html
The mobile device is a Nokia 6131 with NFC. It appears Nokia is really at the forefront of this mobile payment technology and Motorola and some other handset makers are behind in this area.
This is the Nokia 6131 NFC website:
http://www.nokia.com/link?cid=EDITORIAL_81777\
Although, the US has more contactless acceptance readers at merchants, it does not have mass mobile phone with mobile payments distribution yet. In contrast, Europe does not have mass acceptance of contactless payments, yet this deal has been announced to include payment technology in Nokia handsets and other handset makers products.
What will they do?--- ramp up merchant acceptance of contactless payment in Europe to meet the supply of phones with such technology, or shift strategy and sell handsets into the US to be used at the thousands of contactless merchants already taking “wave” payments?
This technology is being trialed in New York right now. I am not aware of trials in Europe, but I would expect that region to distribute this technology after is has been very successful in Asia, particularly Japan.
ReplyDeleteMore on the NYC Mobile Trial is here:
http://www.mastercard.com/us/paypass/mobile/index.html
The mobile device is a Nokia 6131 with NFC. It appears Nokia is really at the forefront of this mobile payment technology and Motorola and some other handset makers are behind in this area.
This is the Nokia 6131 NFC website:
http://www.nokia.com/link?cid=EDITORIAL_81777\
Although, the US has more contactless acceptance readers at merchants, it does not have mass mobile phone with mobile payments distribution yet. In contrast, Europe does not have mass acceptance of contactless payments, yet this deal has been announced to include payment technology in Nokia handsets and other handset makers products.
What will they do?--- ramp up merchant acceptance of contactless payment in Europe to meet the supply of phones with such technology, or shift strategy and sell handsets into the US to be used at the thousands of contactless merchants already taking “wave” payments?
Great posts!
ReplyDelete>Mobile Payments