NFC TimesThe premier source for news, analysis and commentary on
Near Field Communication and all contactless technology

NFC Times Exclusive – Hungary’s largest telco, which last week launched NFC payments commercially, believes it can avoid problems and threats encountered by other telcos launching

As the Hungarian Mobile Wallet Association prepares to enable its members to commercially launch NFC mobile payments, it has released the results of its 12-month NFC payments and loyalty pilot along with a survey of users.

The launch of a QR code-based mobile wallet by Hungary’s largest bank, OTP Bank, and Hungary-based mobile-payments technology supplier Cellum, along with MasterCard Worldwide, is not expected to interfere with plans by the bank to launch NFC-mobile payments later in 2014.

Germany’s Deutsche Telekom today launched its much-anticipated–and also much-delayed–NFC-mobile wallet, which features its own branded prepaid mobile-payments application that will anchor a promised mobile-commerce platform.

NFC Times Exclusive: Hungary’s three major mobile operators and its largest bank are planning to commercially launch NFC in 2014, following a mobile-wallet pilot that has demonstrated that users might be more willing to pay with their phones than with cards.

Hungary’s three mobile operators and the country’s largest bank have launched a large NFC-enabled mobile wallet pilot, as part of a mobile wallet association they formed two years ago with MasterCard Worldwide and a large loyalty program operator.

Hungary is the latest country in which mobile operators and other players plan to coordinate their rollouts of NFC services.