94 mobile payments startups raised a total of $287m last year, CB Insights CEO Anand Sanwal tells The Mobile Wallet Report. Also, Jordan is getting ready to launch a national mobile payment platform and BLE beacon interest runs high at the NRF Big Show.
In this edition of The Mobile Wallet Report we reveal how the launch of Apple’s new iPhones and iOS7 gives a major boost to Bluetooth Low Energy technology and fingerprint biometrics; PayPal is to offer merchants a Bluetooth LE device with WiFi capability to process “hands-free payments”; a second Luxembourg bank integrates low-cost mobile payments platform Digicash into its mobile banking service; and more…
This 42-page report from the NFC World team examines PayPal’s plans for expansion in the international in-store payments market in 2013 and analyses the strengths of the online payments giant’s technical armoury, its vision for a digital wallet in the cloud, its ability to scale at speed and the likelihood of it gaining widespread consumer and merchant acceptance — as well as the possible reasons why the company is so negative about the prospects for NFC.
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