Amazon May Jump on NFC Mobile Payments Bandwagon
"If Amazon is truly looking at utilizing NFC technology they would be in good company. Other well-known adopters including Microsoft, Apple and Google are already planning to offer their own NFC solutions via software, devices, or services of their own. AT&T, T-Mobile USA and Verizon Wireless have also indicated their interest in this new market through a joint venture named Isis."
"Why are there so many companies looking to get into mobile payments or NFC related services? They’ve seen the predictions by Gartner and ABI Research indicating that by 2014 340 million consumers will use mobile payments for transactions totaling $245 billion. Some of these payments may be powered by NFC as handsets with the technology begin increasing in number and are expected to double in 2012 from 35 million shipped this year."
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mobile payments, NFC, Amazon.com, near-field communications, mcommerce
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