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Consumers May Limit NFC Transactions |
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Consumers may use their cell phones or other mobile devices
for in-store payments, but most want to limit wireless payments to a single payment card, according to new
findings from technology research firm ABI
Research.
The
preference for just one mobile-payment-enabled card stood out in
results from the mid-November survey of more than 1,000 U.S. consumers,
according to principal analyst Jonathan Collins. Such cards would be
capable of handling transactions from devices empowered with near-field
communication (NFC) technology. NFC enables handsets and payment
terminals to exchange data with each other at short distances.
Consumers
said they also were concerned about fees. In mobile payments, these could come
from financial institutions as well as telecommunications providers in
the form of a charge for data traffic, similar to the way text
messaging is priced.
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