Mobile Payments: A Look at NFC Mobile Wallet Solutions

NFC mobile wallets are set to make a significant impact in physical retail of goods and services while also creating new markets for sales and advertising. However, NFC technology will be extended beyond the applications initially envisioned by the market. Plans already exist to incorporate NFC into ticketing and boarding passes for transportation. And any number of personal identification functions could be incorporated into this platform. In the end, it is conceivable that a mobile wallet could in fact replace a physical wallet in every application.

The Mobile Payments Ecosystem and Mobile Wallet Platform
Key Hurdles & The Adoption Process
Market Opportunities

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About the Author

New Paradigm Resources Group, Inc.: Founded in 1993, New Paradigm Resources Group, Inc. (NPRG) is among the nation’s leading strategic consulting and research firms serving the communications industry. We identify, analyze and forecast emerging trends and opportunities. NPRG provides clients with salient information on competitive developments affecting their businesses, thereby supplying industry leaders with the strategic information they need to successfully navigate the telecommunications landscape.