NFC To Boost In-Store mPayments In 2017

A new report from Strategy Analytics has found that in-store, NFC-enabled mobile solutions will lead to $48 billion in payments by 2017, a press release indicated.

The company noted a lag in the adoption of NFC payments systems despite a groundswell in NFC-enabled devices. Strategy Analytics stated in its report that its $48 billion estimate reflects the slow pace of NFC integration by retailers and servicers.

To learn more, read the full report here.