The Future of Contactless on Mobile (NFC)

The DMA Mobile newsletter is just out, in which we mainly cover contactless payment, or NFC. People are becoming increasingly familiar with contactless payment cards. These are soon to appear on phones in the UK (yes, they’ve been in phones in Japan for the last six years). Studies predict that 16 % of mobile subscribers worldwide will have an NFC capable mobile device by 2014 and that NFC represents an $80 billion opportunity.

Along side the payment and ticketing opportunities, contactless also presents some marketing opportunities. And such opportunities also throw up problems, especially those for the consumer.

I write about the potential and issues of contactless marketing. Paul Gant from iVoucher explains the technology behind contactless, and Jo Garcia from Velti covers some of the stats behind this exciting technology. Well worth a read!