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Qualcomm is looking to offer advanced Payment Products

Qualcomm has been into expanding its payment portfolio through various technological and business initiatives:

v In December 2012, it upgraded its NFC technology to make it into an ultra-low power consumption product.

v In December 2013, Gimbal, the company’s beacon brand, was launched and later was positioned well into the market through Qualcomm’s Retail Solutions with retail companies like Suja adopting it.

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