Consumers May Limit NFC Transactions - Electronic Transactions Association

Site Search

Contact ETA | MyETA | About ETA

Home

News

Information Resources

Quick Links
My ETA Join ETA Strategic Leadership & Networking Forum Annual Meeting & Expo Transaction Trends

Consumers May Limit NFC Transactions

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.

Back

ETA Members Only
Login here to access your member information, membership status and member-only content.

Upcoming Events

Strategic Leadership &
Networking Forum
October 21-23, 2008
Chicago, IL

2009 ETA Annual
Meeting & Expo
April 21-23, 2009

Las Vegas, NV

Electronic Transactions Association
1101 16th Street NW Washington, DC 20036
Toll Free: 800.695.5509