Citi Tap and Pay, a contactless credit-card payments platform based on Near Field Communications technology, has rolled out in India.

Juniper Research forecasts that one in every six mobile subscribers worldwide will have a Near-Field-Communication-enabled mobile device by 2014 and that NFC represents a $110 billion opportunity.

Mobile loyalty and rewards service provider Tetherball has teamed with Vivotech to offer its recently introduced RFID-based mobile loyalty programs to existing users of Vivotech’s contactless reader technology.

Inside Contactless is launching a contactless mobile payments platform for banks, brands and transit services in 2010.

While the United States’ mobile commerce ecosystem still lags behind Asia and even Europe, it is catching up quickly as various players prepare for mobile payments to ramp up significantly.

Merchants can now accept contactless payment by tapping a customer’s near field communication-enabled credit or debit card against the retailer’s Nokia phone.