Canada Mobile Payments a 100% Canadian owned and operated company is a global payment processing company headquartered in Toronto, Ontario, Canada. CanadaMobilePayments.com is a leading provider of electronic commerce and mobile payments for Toronto, Vancouver, Calgary, Edmonton, Montreal, Winnipeg, Mississauga, Markham, Richmond Hill, Vaughan, Woodbridge, Ajax, Pickering, Brampton, Burlington, Oakville, Guelph, Waterloo, London, Kitchener, Niagara Falls businesses.
Apple Pay and HCE To Push NFC Payment Users to More Than 500 Million by 2019, Juniper Research Finds
Banks Begin Rollout of Commercial Contactless Mobile Services
Hampshire, UK – 28th October 2014: A new report from Juniper Research has found that there will be some 516 million mobile users of NFC (Near Field Communication) contactless payment services by the end of 2019, up from 101 million this year.
The report argued that Apple’s introduction of an NFC-based payment mechanism, Apple Pay, would stimulate the wider marketplace, helping to address the key challenges of contactless awareness and acceptance.
At the same time the report, NFC Mobile Payments: Apple Pay, Host Card Emulation & SIM Based Opportunities & Forecasts 2014-2019, observed that NFC solutions utilising HCE (Host Card Emulation) were steadily gaining traction within the banking sector. It said that several, including BBVA and Bankinter in Spain and CUA in Australia, had already launched commercial services, with pilot schemes in operation in countries such as Russia and New Zealand.