Industry voice: Apple Pay, a catalyst for the contactless industry

Industry voice: Apple Pay, a catalyst for the contactless industry   With more than 200 mobile payment startups so far this year, it's obvious that mobile payments are a hot topic. But the problem with mobile payments is a perennial one: new payment types hardly ever succeed. History is littered with failed payment approaches including Pay by Touch, Mondex, and contactless cards. But now that Apple has introduced a phone with Near Field Communication technology – NFC – and the Apple Pay wallet, we've reached the tipping point for mobile contactless payments, which will now become ubiquitous. Read more >