Tuesday July 7, 2020

Mobile Business: Wallet wars

NFC technology is threatening to make our mobile phones even more indispensable - with mobile payments and cash-free transactions both on the menu. Ian Campbell reports.

4th December, 2011
Eugene Mitchell, director of new business, O2: 'Less than 50 per cent of the population have smartphones. Those people will have to move to NFC-enabled devices if it's going to happen'.

Mobile phone evolution has been the big technology story of the last ten years, as pocket-sized devices take on more features and functionality to become the indispensable accessory. Their sheer ubiquity, combined with faster connectivity, means more is to come in the next decade.

Analysts are now tipping Near Field Communication (NFC) to be the technology that will trigger a significant new wave of mobile services. The chips facilitate wireless transmission of data, a bit...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 6 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago