Sybase says text-based payments more than doubled in 2010, so “mobile commerce is exploding." But the skeptical view about NFC is both a realistic assessment of what can happen in 2011, and a rational response for a leader using a rival method.
Wednesday, March 30, 2011
NFC is Overhyped, says Sybase
Sybase is a leader in text messaging based mobile payments, so Sybase might be forgiven its public view that mobile payments using near field communications are over-hyped at the moment. The general observation is correct, as always is the case. Enthusiasm always outruns actual adoption when brand-new technologies are introduced.
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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