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Near field communication: an assessment for future payment systems

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Abstract

In this paper, we present an assessment of near field communication (NFC) in the context of a payment market. During these past years, we have been witnessing a number of mobile payment trials based on NFC. Early experiences are already quite encouraging and many expect NFC to become a highly efficient and effective technology for mobile payments. The objective of our research is to evaluate in a systematic manner the potential of NFC as an upcoming technology for mobile payments. In order to ensure the rigor of our research, we used a formal and structured approach based on multi-actor multi-criteria methods. Our research provides one of the first assessment of NFC and a realistic picture of the current Swiss situation as we involved numerous mobile payment experts. Our findings show that Swiss industry experts are quite enthusiastic about the future of NFC.

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Acknowledgments

The work presented in this paper was partly supported by the National Competence Center in Research on Mobile Information and Communication Systems (NCCR MICS), a center supported by the Swiss National Science Foundation under grant number 5005-67322.

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Correspondence to Jan Ondrus.

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Ondrus, J., Pigneur, Y. Near field communication: an assessment for future payment systems. Inf Syst E-Bus Manage 7, 347–361 (2009). https://doi.org/10.1007/s10257-008-0093-1

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