Avnet Express, the e-Commerce engine for Avnet Electronics Marketing, an operating group of Avnet, Inc. has announced that it is the first distributor to stock Pulse Electronics’ near field communications (NFC) antennas. These specially offered antennas are the latest products in the fast-growing NFC market, which requires reliable antenna solutions for user-friendly and safe contactless commerce.
“This offering to our customers positions Avnet Express as not only the first distributor of Pulse’s products, but also as cost-competitive in our efforts to offer the latest in NFC antennas and Pulse’s wide range of solutions,” said Beth Ely, senior vice president, Avnet Express.
Avnet Express will offer Pulse’s variety of product concepts available for myriad user cases. These solutions comply with the EMVCo specification. EMVCo LLC was formed in February 1999 to manage, maintain and enhance the EMV Integrated Circuit Card Specifications for payment systems.
The concepts include ferrite-backed flex antennas, stamp antennas and wire loop antennas. Pulse also carries intensive material studies to find more cost-competitive options for future applications. Customer segments the product serves are: mobile payments, p2p sharing and electronic business cards.
In another big deal for the global payments industry this week, credit card firm Visa has inked a partnership with digital payments processor PayPal.
The five fintech startups joining credit card company’s Capital One’s new fintech accelerator in Nottingham have been named, including Credit Kudos, Multisense, Pariti, Warwick Analytics and WealRo.
Europe continues to see rapid adoption of emerging payment technologies as consumers in digitally savvy countries like Sweden and the UK continue to drive adoption of methods like contactless across the region. In our latest infographic we take a look at what the latest numbers tell us about the evolution of payments in the region and what they tell us about the future of cash, cards and contactless.
According to new research commissioned by global payments provider TNS, more than a quarter (28%) of people aged 25 to 34 have already made a biometric payment, and are leading the way in the take up of this new technology.