NFC Times Exclusive – The coming year will see the major networks continuing to dominate tokenization, even though at least a few more domestic payments schemes will begin tokenizing cards.
Meanwhile, the major “Pays” wallets–Apple Pay, Android Pay and Samsung Pay–will continue to expand both internationally and into additional channels, as well as launching new transit applications in some markets, but they will continue to have trouble recruiting banks.
At the same time, fragmentation will continue, with more banks launching their own HCE-enabled wallets or payments services. Merchants and other payments players will launch payments or expand internationally using new channels, including those fronted by QR codes as a transmission technology between phones and terminals.