NFC: Contactless Payments & IP
Near Field Communications (NFC) is a somewhat divisive topic in technology circles. There are numerous applications for NFC but the application that has attracted the most interest is contactless payments. NFC patent filing rates have grown rapidly since the early 1990s, with Japan dominating the landscape - largely due to the successful uptake of contactless payments, unlike in the USA and Europe where uptake of the technology has been slow. However, patents may yet have a part to play in the progress of contactless payments and NFC, as this report explores.
Understanding the patent landscape surrounding your business can help to identify new areas in the competitive market; by considering the impact of Intellectual Property in your industry, you can gain an advantage in developing business and technology strategies to place yourselves ahead of the competition.
Read our full report on the Near Field Communications IP landscape and the future of contactless payments.