Sprint on Monday detailed plans to pip most US carriers and some phone makers to using NFC (Near Field Communication) for mobile payments. The system would make an end-run around the Ibis system proposed by the other three major US carriers but would be open and try to lure companies in by changing how payments would work. Product platforms VP Kevin McGinnis explained to Bloomberg that it would drop the usual up-front revenue split in favor of sharing revenue from ads or coupons.
