Tag Archives: NFC

Australian banks denied access to NFC on iPhone. Now what?

On Friday 30 March 2017, the Australian Competition and Consumer Commission (ACCC) announced that the country’s largest banks cannot collectively bargain with Apple over access to near field communication (NFC) technology on the iPhone, which would allow the banks to compete with Apple Pay. Rather than enhancing competition, this decision limits Australian consumers and impairs the banks’ profit margins as they…

Contactless payments: Choosing a wireless technology for next-gen payments

Today’s mobile phones and smart phones are so much more than just a telephone. They serve as televisions, browsers, in-boxes and digital wallets. Instead of paying with cash, cheque, or credit cards, today’s consumers can use a mobile or smart phone to pay for a wide range of services and goods. While mobile payments have been slow to catch-on in…