According to foreign media reports, the latest data released by world-renowned research institute Frost & Sullivan shows that in 2015, NFC (Near Field Communication Payment) will account for 42.3% of total mobile payments in Europe. This ratio is expected to increase to 49.6% in 2018, when 38% of all mobile phones sold in Europe will be equipped with near field communication.
Jean-Noel Georges, Director of ICT Global Projects, Corporate Financial Services, noted: "Europe users are increasingly using prepaid, online and contactless payments. Many commercial mobile payment products will Introduced in 2013, it is expected that the utilization rate will be further increased from 2014 to 2015. "
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