NXP Expands NFC Payments

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NXP Expands NFC Payments

Ultra-Wideband (UWB) technology from NXP Semiconductors delivers spatial knowledge greater than the current level of accuracy found in GPS. Retailers, automobile manufacturers, and others can use UWB for access control, mass transit, home-based IoT, retail, automotive location-based marketing, and more, including NFC-based mobile payments. When incorporated in NXP chips, UWB enables NFC-based payments without any tapping of a card or phone. Sony and NTT Docomo, the largest mobile network operator in Japan, recently conducted demonstration tests involving mobile payment, location-based ads, ...

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Nilson Report

1169

February 2020

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Investments & Acquisitions—January 2020

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