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Demystifying Mobile Payments #mmc2012

Speaker: Nicholas Dinh, Director/ Product Leader, Emerging Payments, MasterCard Worldwide

Why has NFC Not Grown

  • There is a lack of terminals in retail stores
  • Adoption of technology has been slow
  • Complex business relationships between vendors and banks
  • Lack of inclusion – the “suits” limit conversations take place that include developers and/ or product managers

Over the course of the rest of Nicholas’s presentation he gave a very technical demonstration of how MasterCard is using NFC technology on mobile devices.

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