18 October 2017
Find out more

Mobile operators agree global standard for NFC on the SIM

16 November 2011  |  10836 views  |  0 D600 mobile

Forty-five of the world's leading mobile operators have committed to support and implement SIM-based Near Field Communications (NFC) services using an interoperable set of standards devised by the GSMA.

The GSMA says the handset and SIM specifications will enable the development and global deployment of "secure, interoperable and ubiquitous" SIM-based mobile NFC services.

Importantly, the initiative has won the support of China Mobile and China Unicom, which account for nearly 800 million connections throughout China. Additionally, Isis, the organisation formed by AT&T Mobility, T-Mobile USA and Verizon Wireless to build a nationwide mobile commerce network in the United States, is also backing SIM-based NFC.

Franco Bernabè, chairman of the GSMA, and CEO and chairman of Telecom Italia comments: "NFC is an important innovation for consumers around the world, and while it is perhaps best known for enabling secure mobile payments, it will also enable a wide range of innovative and exciting new services and applications, such as mobile ticketing, entertainment services, secure access to hotels or cars, loyalty schemes and couponing, among others."

The market potential for SIM-based NFC is significant, according to forecasts from industry research firm Strategy Analytics. Nearly 1.5 billion SIM-based handsets will have been sold worldwide between 2010 and 2016, supporting transactions of more than $50 billion globally over the same period. Further, ABI Research indicates that 85% of all new point of sale terminals shipped in 2016 will be NFC-enabled.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

MasterCard and Intel team on NFC for e-commerce

MasterCard and Intel team on NFC for e-commerce

14 November 2011  |  12708 views  |  0 comments
Singapore preps national NFC m-payments service

Singapore preps national NFC m-payments service

26 October 2011  |  9533 views  |  0 comments
Citi rounds on Isis, urges other banks to join Google Wallet

Citi rounds on Isis, urges other banks to join Google Wallet

12 October 2011  |  18786 views  |  5 comments
Visa adds GSMA's Krugal to mobile money team

Visa adds GSMA's Krugal to mobile money team

05 October 2011  |  7789 views  |  0 comments
Isis signs handset makers to NFC m-payments system

Isis signs handset makers to NFC m-payments system

27 September 2011  |  8658 views  |  1 comments
South Korean telco rolls out NFC iPhone case

South Korean telco rolls out NFC iPhone case

23 September 2011  |  8579 views  |  0 comments
German mobile operators team on NFC payments

German mobile operators team on NFC payments

18 August 2011  |  8393 views  |  0 comments
HTC and China UnionPay team on NFC handset

HTC and China UnionPay team on NFC handset

15 August 2011  |  7962 views  |  0 comments
Isis sign card networks to NFC m-payments service

Isis sign card networks to NFC m-payments service

20 July 2011  |  10851 views  |  0 comments
Deutsche Telekom orders NFC SIM for mobile payments

Deutsche Telekom orders NFC SIM for mobile payments

27 June 2011  |  8261 views  |  0 comments
Danish telcos team on NFC payments; banks put faith in SMS

Danish telcos team on NFC payments; banks put faith in SMS

24 June 2011  |  10042 views  |  1 comments
Orange taps Gemalto for mobile NFC in Poland

Orange taps Gemalto for mobile NFC in Poland

21 June 2011  |  9611 views  |  0 comments
Google takes the wraps off mobile wallet

Google takes the wraps off mobile wallet

26 May 2011  |  16193 views  |  1 comments
From 'tap and go' to 'tap and hold': Mobile NFC found lagging

From 'tap and go' to 'tap and hold': Mobile NFC found lagging

19 April 2011  |  13748 views  |  2 comments
Widespread NFC adoption still two years away - industry survey

Widespread NFC adoption still two years away - industry survey

24 February 2011  |  13560 views  |  0 comments
EPC and GSMA publish mobile contactless payments white paper

EPC and GSMA publish mobile contactless payments white paper

21 October 2010  |  9694 views  |  0 comments
Visa hires GSMA man Bill Gajda to head mobile business

Visa hires GSMA man Bill Gajda to head mobile business

22 February 2010  |  12185 views  |  0 comments
EPC and GSMA launch consultation on Sepa contactless m-payments

EPC and GSMA launch consultation on Sepa contactless m-payments

29 January 2010  |  9748 views  |  0 comments
Gates Foundation teams with GSMA to boost m-banking in developing world

Gates Foundation teams with GSMA to boost m-banking in developing world

17 February 2009  |  11683 views  |  0 comments
GSMA calls for NFC as standard feature on mobile handsets

GSMA calls for NFC as standard feature on mobile handsets

19 November 2008  |  7585 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15404 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8609 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8141 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7652 views comments | 13 tweets | 9 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6816 views comments | 9 tweets | 17 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job