VeriFone expects huge move to NFC-enabled phones this year

04/13/2011 | Reuters

VeriFone Systems says momentum is growing for use of near-field communications technology in smartphones this year, and the company predicts that it will ship more than 1 million NFC-enabled systems in 2011. Devices equipped with NFC technology allow smartphone users to shop by waving their handsets over bar codes. "We're already seeing major systems purchases from some of the flock leaders in large retail asking for NFC capability," VeriFone CEO Doug Bergeron said.

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