Is NFC Necessary for Mobile Payments?

ePaymentNews alert        3 new results for "Near Field Communications"

Paying With Smartphones to Outpace Credit Cards by 2020, Experts Say PCWorld (blog) The answer choices alluded to NFC (near field communications) technology, in which a communication between a sensor in the payment terminal and another in the consumer's smart phone triggers a financial transaction. Sixty-five percent of the ... See all stories on this topic »

Is NFC necessary for secure mobile payments? QR Code Press ... on than some had predicted, and it is based on NFC technology, which isn't yet available in the majority of smartphones, many are wondering whether near field communications technology is truly necessary for secure contactless payments to catch on. See all stories on this topic » QR Code Press

Mobile Payments May Replace Cash, Credit Cards by 2020 [STUDY] Mashable However, about 33% said they do not trust devices with Near Field Communications technology (NFC) that allow users to swipe their phones to make a payment at checkout and believe mobile payments will not gain a lot of traction by 2020. See all stories on this topic »

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