Home › News ›

PayPal Cans NFC Plans, Still Targeting Mobile

Feb 13, 2012, 3:19 PM by Eric M. Zeman

PayPal recently indicated that it will no longer pursue near-field communications technology for point-of-sale mobile payments. Instead, it will look at other avenues for allowing its customers to make payments from their mobile phones. "By the time NFC catches up, we'll be in a world that will move away from the point-of-sales terminal," said David Marcus, PayPal's VP of mobile. PayPal conducted NFC trials, but in the end concluded that retail outlets aren't equipped properly for NFC. Instead, PayPal will use a phone number and pin code combination to allow customers to access their PayPal accounts to fund mobile payments.

Wall Street Daily »

Related

Verizon Continues Updating Rugged Lineup with Sonim XP10

Jul 20, 2023
Verizon has launched the Sonim XP10, a rugged smartphone with a wide range of features for field workers and "workers in dangerous environments". Just last week, Verizon launched the Kyocera DuraForce Pro 3, a similar but higher-end rugged smartphone.

Tap to Pay on iPhone Comes to Venmo, Zettle

Mar 7, 2024
PayPal announced that it now supports Tap to Pay on iPhone for Venmo business profile and PayPal Zettle users in the US. This allows small businesses to accept NFC tap payments directly with just an iPhone; no extra hardware required.

Motorola Brings More Affordable 5G Phones to its 2024 Lineup

Mar 12, 2024
Motorola has announced the 2024 editions of the moto g 5G and moto g power 5G, priced at $200 and $300, respectively (MSRP, unlocked). Both phones offer 5G, a vegan leather finish on the back, 120 Hz display refresh, 50 megapixel main camera, 5,000 mAh battery, 128 GB storage (expandable), NFC, fingerprint reader (on the side), and a headset jack.

NFC to Gain Longer Range, Better Wireless Charging

Jun 23, 2023
The NFC Forum — the group tasked with developing and overseeing the standards for NFC ("tap") technology — has announced five specific priorities for enhancing NFC technology over the next five years. Increased range will allow NFC "taps" to work at a distance of up to 3 centimeters, eliminating the need for precise alignment of antennas.

Better 5G Service Near Airports Starts This Weekend

Jun 26, 2023
An agreement to limit 5G power levels near airports expires July 1st, which should mean better 5G service from Verizon and AT&T near airports starting that day. The agreement — between those wireless carriers, the aviation industry, and the FCC — addressed concerns that full-power 5G in the new C Band could interfere with the radio altimeters of some older planes.

Comments

This forum is closed.

This forum is closed.

netboy

Feb 13, 2012, 3:36 PM

what a freaking moron!

"By the time NFC catches up, we'll be in a world that will move away from the point-of-sales terminal"

how the F can nfc catches up if nobody willing to support it!

Versed

Seems like there is a deliberate attempt to shut Google/Android out of the nfc-wallet payment method.

Page 1 of 1