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NFCs 'will be a common way of making bank charges'

Members of the public could soon make credit card charges or deal with bank claims through near-field communication (NFC) technologies. head of business development Russell West predicted there will be "considerable" take-up of these devices.

Issuing banks and scheme providers are putting in huge amounts of effort into NFC tools, he remarked,

The specialist revealed his company believes the high level of investment many payment sector businesses have put into these innovations means a move towards them is inevitable.

"Now the ramp-up really does depend on the consumer and whether the relevant ecosystems and all the players can put together a consistent architecture," he remarked.

While it is still uncertain how many handsets or NFC payment tools have been sold, there is a "massive push" from a wide range of organisations towards this new tool, Mr West stated. company director Richard Bradley recently said the public will have to get used to making payments with mobile tools rather than chip-and-pin devices in the future.

Jennifer Haines
Jennifer's speciality knowledge is credit card changes and balance transfers.ADNFCR-2776-ID-801406703-ADNFCR

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