NXP Semiconductors said today it generated a little more than $70 million in sales from its NFC chips and secure elements in the fourth quarter of 2012, up 20% over the previous quarter and three times the chip maker’s NFC revenue for the fourth quarter of 2011.
Brazilian mobile network operator TIM, part of the Telecom Italia group, has begun a small NFC payments pilot in collaboration with MasterCard, Banco Itaú, Redecard and TSM provider Gemalto. The pilot involves fifty people who...
Read the rest of TIM begins NFC pilot in Brazil at NFC World.
NXP Semiconductors said today it generated a little more than $70 million in sales from its NFC chips and secure elements in the fourth quarter of 2012, up 20% over the previous quarter and three times the chip maker’s NFC revenue for the fourth quarter of 2011.
Brazilian mobile network operator TIM, part of the Telecom Italia group, has begun a small NFC payments pilot in collaboration with MasterCard, Banco Itaú, Redecard and TSM provider Gemalto. The pilot involves fifty people who...
Read the rest of TIM begins NFC pilot in Brazil at NFC World.
The technology makes it possible to create links between payment cards stored in a secure element and multiple mobile wallets and apps, allowing several different mobile wallets to be supported on one NFC phone and enabling merchants and other service providers to build secure payments capabilities into their existing apps.
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