France’s Twinlinx is demonstrating its MyMax NFC payment sticker at this year’s Mobile World Congress in Barcelona, according to techradar.com.
Introduced in France last year, MyMax gives any Bluetooth-enabled smart phone NFC functionality for a fraction of the cost of an NFC phone, allowing users to make contactless payments by simply slapping the £21 sticker on the back of their handset.
When customers want to make a payment with MyMax, they need only tap the sticker to activate the Bluetooth connection. However, Twinlinx says it is working on a new model that automatically switches on when in close proximity to a reader.
Steve Lewis, vice preisdent of marketing and business development at Twinlinx, comments: “By 2015, Frost and Sullivan predicts that 50% of all phones will be NFC – but that still leaves half without the capability. That could be billions of phones, and not everyone wants a high-end smart phone which will cost hundreds of Euros.”
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