Retail Group Formed to Address NFC Technology

WAKEFIELD, Mass. — The NFC Forum, a nonprofit industry association that advances the use of Near Field Communication (NFC) technology, has announced the creation of Special Interest Groups (SIGs) that will bring together leaders from several markets, including retail, to collaborate on NFC solution implementation, interoperability, best practices and future requirements.

In retail, NFC is one of the technologies that can enable mobile phone payments at the point-of-sale. Analysts estimate that more than 100 million NFC-enabled phones were sold in 2012 and close to 300 million will be shipped in 2013.

"As the commercialization of NFC solutions grows, we see an increasing need in the marketplace for education, guidance, and support for market implementation," said Koichi Tagawa, chairman of the NFC Forum, in a statement. "By helping us focus our efforts and expertise on the specific needs of key market sectors, the SIGs will enable the NFC Forum to facilitate and accelerate the delivery of exciting new NFC solutions to consumers."

Other markets targeted for SIGs include consumer electronics, health care, payment and transport.

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