Friday, October 19, 2012

With or without Apple, NFC mobile payment market to hit $100 billion

With or without Apple, NFC mobile payment market to hit $100 billion

. A number of industry watchers have voiced concerns that touchless mobile payment solutions will not truly find widespread adoption until Apple (AAPL) joins the fray and adds the functionality to its popular iPhone line of smartphones. While Apple has yet to give any indication that its smartphones will support NFC-based mobile payments in the future, one firm is confident that the market will soon take off like a rocket.
In a report issued on Friday, market research firm ABI Research predicted that dollars spent using NFC mobile payment systems will break the $100 billion mark in 2016.

Boy Genius Report , With or without Apple, NFC mobile payment market to hit $100 billion, With or without Apple, NFC mobile payment market to hit $100 billion

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