SANS FIL SANS CONTACT - Near Field Communications World

1. Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones

   The Bank of China is conducting a pilot in the city of Shenzhen of a new service that makes it possible for merchants to accept contactless digital currency payments on standard NFC mobile phones. Taxi drivers taking part in the SoftPOS pilot use the bank’s e-yuan central bank digital currency (CBDC) app to enter the […]

   Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones was written by Sarah Clark and published by NFCW.

2. Juniper forecasts 25% increase in POS terminal transaction values by 2028

   Global POS terminal transaction values will total US$17 trillion this year and grow by 25% to $21.1tn a year by 2028, Juniper Research has forecast. “This growth comes despite the recent POS outages in some retail store chains across the globe; forcing a number of temporary store closures,” the analysts say. “Significant financial and security […]

   Juniper forecasts 25% increase in POS terminal transaction values by 2028 was written by Sarah Clark and published by NFCW.

3. STMicroelectronics launches NFC tag chip with elliptic curve cryptography

   PARTNER NEWS: STMicroelectronics has introduced a new NFC tag chip that uses state-of-the-art blockchain-compatible elliptic curve cryptography to strengthen the level of security available to brands looking to use NFC to protect their products. “Combining both on-chip and off-chip digital signature mechanisms, the new ST25TA-E NFC tag comprehensively protects against counterfeit and gray market activities […]

   STMicroelectronics launches NFC tag chip with elliptic curve cryptography was written by Sarah Clark and published by NFCW.

4. NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone 

   More than 80% of the respondents to a survey conducted by ABI Research on behalf of the NFC Forum said they have used a smartphone or smartwatch to make a contactless payment. Of those that have made a mobile contactless payment, more than half say they would prefer to use their smartphone or smartwatch to […]

   NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone  was written by Sarah Clark and published by NFCW.

5. Hello, NFCW readers!

   After fifteen years of reporting week in, week out on the latest NFC and contactless news, the NFCW team was forced to take a health break in January — but we’re now back with renewed vigor and new plans to dig deep into the latest trends and technologies. “Twenty years after Nokia, Sony and Philips […]

   Hello, NFCW readers! was written by Sarah Clark and published by NFCW.