SINGAPORE - (PaymentsMarket) - China could see more than $8 billion in mobile payments by 2014, according to ABI Research forecasts.
The Near Field Communication (NFC) market is moving forward on an uneven front. Google is aggressively supporting the technology through the latest generation of Android handsets from its partners such as Samsung. Nokia is introducing NFC-capable handsets, but the C7 and N9 only support non-secure applications and not contactless payment.
NFC Payment Transaction Values in China Could Surpass $8 Billion by 2014
- Asia Pacific |
- China |
- mCommerce |
- Mobile Commerce |
- NFC
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