NFC and mobile devices: payments and more!The podcast |
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NFC and mobile devices: payments and more!
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The rise in the number of the devices with embedded near-field communications technology is set to soar to the 300 million level by the end of 2013. NFC - the transfer of small amounts of data over a very short distance - has been dominated by the "wave and pay" notion of embedding a credit card into a mobile phone but the application of the technology is likely to have a wider reach. Many people remain uncomfortable with the notion of using a phone to pay for items and consumer perception about the security and battery-draining aspects of NFC need to be overcome. However even if 2012 turns out to be no more than a “transitional year” for mobile payments, the NFC chips will not go to waste. There are thousands of applications for NFC - from gambling, to gaming to healthcare - that could build up a head of steam over the course of the year even if the media continues to focus on the "digital wallet."
Podcast highlights:
- Will NFC go mainstream for payments and more?
- What factors will fuel the rise of the $100 smartphone?
- Is it the end of the (wire)line for all-you-can-eat data offers?
Guest:
Duncan Stewart, Director of Deloitte Canada Research and co-author of TMT Predictions
Host:
Stephen Heasley, Global Online Communications, Deloitte Touche Tohmatsu Limited
Related Content:
TMT Predictions 2012
Explore all the predictions.
