IDEAS home Printed from https://ideas.repec.org/a/aza/jpss00/y2012v6i2p106-112.html
   My bibliography  Save this article

Defining business models for near-field communication payments

Author

Listed:
  • Nordlund, Sirpa
  • Bentsen, Bent
  • Guaus, Jordi

Abstract

This paper highlights what needs to happen to make near-field communication (NFC) contactless mobile payments at the point of sale a mass-market reality. The paper demonstrates how, as NFC technology continues to gain momentum, stakeholders can assess different implementation options, define the business case and roles that will meet their requirements, and establish a clear go to market strategy with essential partnerships. The ultimate aim of analysing the different implementation models available is to speed up the development and use of NFC technology for payments. The work that Mobey Forum has done within this area evaluates the current ecosystem and showcases different types of technology and deployment strategies, explaining how these can be assessed to identify the implementation model that best aligns with a stakeholder’s commercial needs. Finally, the paper demonstrates how, if the industry fails to come together in a collaborative and interoperable manner, NFC contactless mobile payments may never achieve mass-market deployment.

Suggested Citation

  • Nordlund, Sirpa & Bentsen, Bent & Guaus, Jordi, 2012. "Defining business models for near-field communication payments," Journal of Payments Strategy & Systems, Henry Stewart Publications, vol. 6(2), pages 106-112, July.
    • Handle: RePEc:aza:jpss00:y:2012:v:6:i:2:p:106-112
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/2596/download/
    Download Restriction: Requires a paid subscription for full access.
    File URL: https://hstalks.com/article/2596/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    near-field communication; mobile payments; interoperable; business model;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jpss00:y:2012:v:6:i:2:p:106-112. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.