The Future of NFC Mobile Payments.pptVIP

?2009 DFS Services LLC Confidential and Proprietary Do Not Copy or Distribute * Property of the Smart Card Alliance ? 2011 Property of the Smart Card Alliance ? 2011 * The Future of NFC Mobile Payments Randy Vanderhoof Executive Director Transit Payments Markets Migration to NFC Mobile Payments Sponsored by the ITS Professional Capacity Building Program, ITS Joint Program Office, Research and Innovative Technology Administration, U.S. Department of Transportation History of payments innovation 20 yrs 10 yrs 5 yrs 1 yr ATMs Debit Cards Contact- less cards NFC Mobile Payments Contac