"Nokia's view is NFC is about more than just mobile payments," says Englander. "We're probably a little while away from being able to go into a shop and easily use our mobile phone to pay for things with NFC. We think the phone as the mobile wallet, where it's simple to buy and it just works, is 12 to 18 months away. There are various trials out there and some services, like Orange's Quick Tap, but there are restrictions, like you have to be an Orange subscriber, a Barclaycard customer, and can only shop in certain places.

"NFC mobile payments won't take off until these barriers go, and while the recently announced UK joint venture for NFC between Telefonica UK, Everything Everywhere and Vodafone will help take those barriers away, it will take time to come to fruition," he reasons.

On the C7, Englander adds: "There was no standard in place for secure NFC payment when the phone was in production, so I think rather than wait, Nokia put an open, unsecured chip in the device, and decided to go to market with open NFC propositions like tags and Bluetooth pairing."

"Using open NFC, we can get more people engaged in using their mobile phone in a fun way, getting them used to using their technology in this manner, and in the meantime we can get everything ready together for mobile payments."