Home › News ›

Motorola Invests in Contactless Payment Company

Jan 7, 2008, 12:00 PM by Eric M. Zeman

Motorola's venture capital arm has invested an undisclosed sum in Inside Contactless. Inside develops contactless payment chips and near field communications technologies for mobile devices that allow people to make instant point of sale purchases by waving their phones over NFC readers. Several other companies, including Visa and Nokia, have also invested in Inside. There is no word on when or if Motorola will begin incorporating NFC systems into its phones, but Sprint and HSBC, for example, are trialling NFC systems in major U.S. cities.

Related

Snapdragon 8 Gen 2 Redefines AI in Flagship Phones

Nov 15, 2022
Qualcomm has announced its newest top-end chip, intended to power most flagship-level Android phones in 2023. As expected, the Snapdragon 8 Gen 2 is more powerful and power-efficient across the board (compared to Gen 1), but the most impressive improvements and new features involve AI.

FTC Sues to Stop Nvidia's Acquisition of Arm

Dec 2, 2021
The US Federal Trade Commission (FTC) is taking action to block the proposed acquisition of Arm by Nvidia. Arm designs chip architectures used throughout mobile and computing industries.

Apple Announces Reverse Apple Pay

Feb 8, 2022
Later this year, Apple will add "Tap to Pay on iPhone" to iOS. This new feature will let merchants accept contactless (NFC) payments using only an iPhone and a compatible app.

Qualcomm Announces New Platforms for 5G, Wi-Fi, and Bluetooth

Feb 28, 2022
Qualcomm today announced the X70 5G modem, S5 and S3 Sound Platforms for Bluetooth audio products, and FastConnect 7800 subsystem with Wi-Fi 7. The highlight of the X70 is a new set of AI processing technologies to improve modem performance.

Arm's Next-Gen v9 Architecture Focuses on Mobile Gaming

Jun 28, 2022
Arm has revealed 2022 Total Compute Solutions (TCS22), its next-generation CPU and GPU designs for mobile devices including phones, with a focus on improved mobile gaming performance. All-around performance of this year's solution is up to 28% better, with up to 16% power reduction.

Comments

This forum is closed.

This forum is closed.

raulr

Jan 7, 2008, 1:11 PM

Makes sense.

Moto owns Symbol, which owns a big portion of Points of Sale devices. Integrating with their POS systems could actually help this take off.

polo52521

this may sound stupid but im lost in what they mean. im trying to figure it out but if someone wants to help me that would be great.

Page 1 of 1