This content is contributed or sourced from third parties but has been subject to Finextra editorial review. Apple is being sued by the US Department of Justice for an alleged monopoly on smartphones, ...

The famed service known as Apple Pay may bring an upgrade soon as part of its adherence to the NFC standard, offering new features to experience on the renowned contactless payment service. Presently, ...

Instead of using only Apple Pay to hold over terminals from stores to complete a payment, Apple is now offering the iPhone's NFC to be available for developers to utilize for their respective apps.

The way people pay for products and services in person and online has changed over the years. Where cash was king (and still ...

All modern iPhones have NFC chips inside that can be used by features built by Apple, but nobody else. That means that while NFC payments are possible when using Apple Pay, those same capabilities are ...

Digital wallets have in particular emerged as one of the most used methods in recent years as the use of cash is slowly decreasing. As part of this revolution, NFC (Near Field Communication) ...

UNION BANK of the Philippines, Inc. (UnionBank) has launched the Mobile Tap to Pay feature on its online application, letting its users make contactless transactions using a near-field communication ...

As part of the changes introduced in Europe in iOS 17.4, Apple gave third-party payment apps and banks direct access to the NFC chip, allowing for non-Apple Pay tap-to-pay payment options. The ...

Short primer: NFC can be used to identify objects. You can use it for stock control, ticketing systems and mobile payments. Such solutions depend on two elements — that devices are equipped with NFC ...

NFC is not really the problem. The real issue is do we want to stay on the path to a totally cashless society? It appears as though consumers are happy to keep their credit cards and cash for now.

BARCELONA — Mobile payment technologies are spreading fast, as Google Wallet is already available on NFC-ready Android phones, and Isis Mobile Wallet is coming this summer. Apple’s coming iPhone 5 is ...

That’s understandable, as NFC and mobile payments have been grouped together by analysts, pundits, researchers and retailers since the short-range wireless technology first started making headlines in ...