UK NFC Mobile Payments Go Live in July

Orange and T-Mobile (via their UK joint venture Everything Everywhere) are going to roll out NFC mobile payments this summer. The payments processor is Barclaycard. Reportedly more than 40,000 stores are set to accept NFC-based mobile payments.

According to the release:

The Google Nexus S is compatible with the service. And the iPhone 5, slated for summer 2011 release, is apparently going to have NFC built in. It's not clear how many other handsets will work with the new system.

Contactless payments allow users to waive their device in front of a terminal to conduct the payment transaction. Many will be watching the UK roll out to see how well it goes.

There are many other ways to do mobile payments/mobile wallets without NFC, however. And those methods will likely gain acceptance in the US before the requisite NFC infrastructure is developed. 

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