RG

IN CONTEXT

FOCUS

Mobile commerce

KEY DATES

1983 US inventor Charles Walton patents the first radio frequency identification (RFID) device, paving the way for m-commerce and near field communication (NFC).

1997 The first m-commerce transaction takes place in Helsinki, Finland, with the installation of two Coca-Cola vending machines that accept payment via SMS.

1999 The first national commercial platforms for m-commerce are launched: i-Mode in Japan and Smart Money in the Philippines.

2007 Nokia launches its first commercial NFC-enabled cell phone.

2011 The Google Wallet app enables stored credit card data to be used for purchases via a cell phone.

The term ...

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