The coun
try has started accepting these smartphone based transactions at certain locations.
PVR Cinemas in India have just announced that they have now rolled out the very first NFC technology based mobile payments system within India.
This launch was designed to occur simultaneously with the availability of the new BlackBerry 10 platform.
The latest BlackBerry 10 devices are NFC technology enabled, which means that consumers will be able to make the choice from among a larger number of smartphones with near field communication capabilities. Now, PVR Cinemas has given them a specific reason to desire this state of the art tech, which is because it will give them a greater number of mobile payments opportunities.
The chain of movie theaters first thought they would used the NFC technology for watching trailers.
However, it soon changed its mind and added NFC technology based mobile payments to its sights – and then to its app – so that consumers would have the ability to purchase tickets and refreshments through the use of BlackBerry 10 (BB10) smartphones while at the cinema locations.
The hope is that the app will become the heart of a PVR Cinemas loyalty program for its customers. That said, as of yet, it is available only to consumers who own a BB10 based Z10 device. That said, the cinema will be expanding this compatibility range in May when it will be releasing Android, iOS, and other platform versions of its app, including those based on older BlackBerry operating systems.
At the moment, the NFC technology payments can be made only through the use of a prepaid account. As of yet, debit and credit cards are not compatible with the app. Moreover, it has been released in only a few of the total number of PVR Cinema locations. The initial roll out included 15 of the most popular cinema locations of the chain. Depending on its success, many are expecting that the mobile payments will also become available in additional locations over time, particularly as the other versions of the app are released so that it can be used by a much broader number of consumers.
NFC technology beginning to gain more traction in mobile commerce
NFC technology has begun to lose some of its luster with consumers in regards to mobile commerce, but that does not mean that the technology is going away any time soon. Though many consumers have reservations concerning the use of NFC technology in mobile commerce, NFC remains one of the cornerstones of mobile payments. The technology enables mobile devices to conduct transactions for goods and services and helped expose people to the concept of mobile commerce. Despite the importance of the technology, NFC-enabled mobile devices are still quite rare. This may soon change.
Study shows that more NFC-enabled devices are incoming
A new study from ABI Research, a leading market research firm, suggests that the number of NFC-enabled devices around the world will surpass 500 million in 2014. The study predicts that at least 285 million NFC devices will be shipped around the world this year, with heavy shipments being seen in large markets like the U.S. and some parts of the Asian Pacific. Mobile device makers are currently the strongest supporter of NFC-enabled devices and are expected to labor intensely to show that these devices can be useful, especially in the realm of mobile commerce.
Galaxy S III helps promote NFC and shed light on the challenges it faces
Currently, the most popular NFC-enabled mobile device is the Samsung Galaxy S III. This smartphone is equipped with NFC technology that has been lauded as an ideal way to share digital content among consumers. The fact that the smartphone can be used to participate in mobile commerce has received relatively little attention since its launch last year. The Galaxy S III has, of course, been used for mobile payments, but it also represents the challenges that device makers have with promoting the mobile commerce capabilities of NFC-enabled devices, namely raising awareness and encouraging consumers to actually pay for goods using their smartphones or tablets.
NFC technology may not be ideal for mobile commerce
The study from ABI Research shows that device makers are ready to embrace NFC technology, but mobile network operators may have more trouble supporting the technology and its use in mobile commerce. NFC technology has no inherent security features, as it acts simply as a transmission technology capable of sending and receiving digital information. Therefore, the security measures needed to keep consumers safe are the responsibility of device makers and mobile network operators. Network operators have, thus far, shown little interest in incorporating significantly more robust, and more expensive, security measures in order to support NFC technology.
