Projected to account for almost a third of mobile payments transactions by 2014 (source: Research and Markets, 2010), mobile Near Field Communication (NFC) promises to revolutionise both device to device communication, and the way consumers engage, interact and transact with brands. These contactless services present a host of opportunities in payment, transportation, access control and data exchange.
But addressing the challenges of the NFC world is critical to enable its success from a device, network and service perspective. Once again, the role of the ‘Secure Element’ within the device is paramount in managing authentication and certification; not only to ensure the integrity of financial transactions and data exchange throughout the NFC chain, but to deliver the required levels of interoperability as well.
The white paper look at the evolving NFC services market and adresses interoperability issues. It goes a liitle further on from interoperability and touches upon secure application and service lifecycle management and details the specifications and tools SIMalliance has produced over the last ten years to advance interoperability and security in application and service development and deployment. .
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