NFC to Account for Half of Europe’s Mobile Payments

About 42.3 percent of mobile payments in Europe in 2015 will be NFC payments, and the percentage will increase to 49.6 percent in 2018, when 38 percent of mobile phones shipped will feature NFC, according to a new Frost & Sullivan report. “The European population is moving towards prepaid, online and contactless payments for small amounts,” says Frost & Sullivan’s Jean-Noel Georges. “Numerous commercial mobile payment offerings will be launched in 2013, and by 2014-2015, greater uptake will follow.”

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From “Frost & Sullivan: NFC to Account for Half of Europe’s Mobile Payments”
NFC World (12/19/12) Clark, Mike