Strategy Analytics has reduced its outlook for near field communications-based mobile retail payments, blaming tepid retailer adoption, slow operator rollouts and limited NFC-capable handset availability.
Isis, the near field communications-based mobile commerce network spearheaded by Verizon Wireless, AT&T Mobility and T-Mobile US, is expanding to the BlackBerry 10 operating system in partnership with contactless payments technologies firm, Proxama.
I'd like to confess that I've been thinking about the future of Near Field Communications-enabled mobile commerce and I've come to the realization that I have no idea where it's heading. A series of recent developments have hopelessly muddied the waters, at least in the short term.
Capital One is ending its support for Isis, the Near Field Communications-based mobile commerce network spearheaded by Verizon Wireless, AT&T Mobility and T-Mobile US.
Isis, the Near Field Communications-based mobile commerce network spearheaded by Verizon Wireless, AT&T Mobility and T-Mobile US, is adding American Express' Serve digital commerce services to its mobile wallet, slated to roll out nationwide later this year.
Isis, the Near Field Communications-based mobile commerce network spearheaded by Verizon Wireless, AT&T Mobility and T-Mobile US, will expand services nationwide later this year after completing pilots in Salt Lake City and Austin, Texas. The company also pledged to extend its mobile wallet beyond Google's Android to support Apple's iOS, Microsoft's Windows Phone and BlackBerry.
North American consumers are on pace to spend $44 billion on in-store mobile wallet transactions in 2017, up from just $500 million in 2012, according to a new forecast issued by research firm Berg Insight.
Near-field communications technology has failed to gain traction for mobile payments, Gartner noted, forecasting that NFC will account for only 5 percent of the mobile payment transaction value in 2017.
It's been roughly nine months since more than a dozen leading U.S. retailers including Walmart, Target, Best Buy, Sears and 7-Eleven first banded together to create Merchant Customer Exchange, a nationwide mobile commerce network designed to support smartphone-enabled purchases, consumer offers and mobile marketing promotions. The MCX initiative remains a work in progress, but here's what we know.
T-Mobile US is updating Samsung Electronics' new Galaxy S4 flagship smartphone to run Google's Android 4.2.2, a.k.a. Jelly Bean. T-Mobile will begin rolling out the over-the-air push update today--users can also upgrade their device manually through the desktop via the Samsung Kies content sync and software application.