Transport for London to accept NFC payments from 2012

Transport for London (TfL) has stated it will support NFC payments on mobile phones in 2012. TfL is now in the process of deploying new contactless card readers on London's tube and bus network. This will enable users of contactless EMV credit and debit cards and NFC mobile phones to 'swipe and go' on the London Underground and associated services.

Worldwide Mobile Payment Users to Reach 141 Million in 2011 – Gartner Says

Worldwide mobile payment users will surpass 141.1 million in 2011, a 38.2 percent increase from 2010, when mobile payment users reached 102.1 million, according to Gartner, Inc. Worldwide mobile payment volume is forecast to total $86.1 billion, up 75.9 percent from 2010 volume of $48.9 billion.

IAB reveals consumers’ spend on mobile increases

Near Field Communication (NFC) was seen as a positive move for mobile with 74% of consumers stating they felt the service would be a good idea. The products that M-Commerce consumers said they would be most happy to purchase via NFC were travel (57%), entrance fees (51%) and drinks/snacks (49%).

GSMA Names BARCELONA First Mobile World Capital!

After an 18-month search, the GSMA today announced that Barcelona has been selected as the Mobile World Capital from 2012 to 2018.

« Visa Europe to invest €200m in development of contactless payments by card and mobile

Smart Card Alliance 2010 Payments Summit »

Next Generation Payments

21-24 FEBRUARY 2010 • DUBAI, UAE

As the Gulf Cooperation Council countries move towards a cashless society with increasing growth in the use of electronic and mobile payment, the Next Generation Payments summit considers the current market for payment technologies and analysis of how the sector can evolve in the region. The event examines the current and future market for a range of existing payment technologies and processes, and how this will drive the future of payments. As an emerging product in the GCC there are significant opportunities to establish position as a key player in the region.

More info here.