NFC mobile wallet is expected to be released in July

At the 2013 Smart City Forum held yesterday, Liu Dianfeng, deputy general manager of China Mobile Beijing Co., Ltd., stated that the NFC mobile card product jointly developed by China Mobile and One Card will be available in Beijing in July, and China Mobile will vigorously develop the mobile wallet business in the future.

NFC, short-range wireless communication technology, can perform short-range wireless communication between mobile devices, consumer electronics, PCs and smart control tools. In recent years, the most potential application field of NFC is mobile phone near-field payment, which refers to the use of mobile phones to complete the consumer functions that originally belonged to bank cards, bus cards, fuel cards, and shopping cards. After the above-mentioned NFC mobile phone card products are available, consumers can use their mobile phones to "spend consumption" in public transportation, subway, catering, shopping, supermarkets and other places.

NFC mobile wallet is expected to come out in July, mobile payment methods are about to become popular

"At present, there are only three mobile phones that support the mobile NFC business, namely Samsung S3i9308, S4i9508 and HTCOneXT, but in the future, NFC may become the standard for mobile phones." Liu Dianfeng said.

According to reports, in 2013, China Mobile will develop 3 million mobile wallet users and issue NFC SIM cards that can store dozens of electronic card applications. At present, it has signed cooperation agreements with China UnionPay, Shanghai Pudong Development Bank, China Merchants Bank and other financial institutions, and Some schools, enterprises and public transport and subway management departments in more than 20 cities have reached a cooperation intention.

Jupiter Research, an international research organization, predicts that by the end of 2013, sales of mobile phones that support NFC technology will reach 800 million units, and there will be 1 NFC mobile phone in every 5 mobile phones worldwide. By 2015, mobile payment transactions will reach 670 billion US dollars , Of which $ 268 billion will be realized by NFC.

Industry insiders believe that as mobile payment products become available in Beijing in July, near-field payment methods will soon become popular. The beneficiary companies include: NFC chip manufacturing company Dahua Intelligent, National Technology, Changdian Technology, Shuo Beide; software service company Tianyu Information, business treasure; terminal equipment company Shensangda A, New World, Zhengtong Electronics, New Country Capital; NFC antenna manufacturer Xinwei Communication, etc.

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