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NFC-Based Mobile Payments in the US

Published by: Jupiter Research Corporation

Published: Mar. 24, 2008 - 5 Pages


Table of Contents


US banks and wireless carriers have a growing interest in mobile proximity payments leveraging Near Field Communication (NFC) technology. However, ongoing trials highlight significant hurdles throttling broad-based deployment in the midterm.
Key Question - Which obstacles face financial services institutions (FSIs) and operators as they prepare for mobile proximity payments in the US?
Key Question - Which business models are evolving for enabling near-field transactions in the US?
Key Question - Who are likely winners and losers within each business model scenario?

Abstract

US banks and wireless carriers have a growing interest in mobile proximity payments leveraging Near Field Communication (NFC) technology. However, ongoing trials highlight significant hurdles throttling broad-based deployment in the midterm.

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