Admit it, we all feel slightly annoyed when the person in front of us at the checkout line pulls out cash from their wallet. We are living in a day and age when paying with “plastic” has become the norm. An even simpler solution that is slowly gaining popularity is the option to pay via smartphone. All you have to do is scan the device at checkout, which has your credit card or debit card information pre-loaded, and you’re done! Of course, it took a long time for the general population to accept card payments as a viable option as well, and only now is there a growing public support for the smartphone pay system.Google Wallet 2.0 in the works
We’re still out of breath from marveling at the awesomeness that is LG LS970 — aka the Eclipse — and its mind-blowing specs. It looks like the excitement won’t end there. Brief Mobile has received yet more details of the phone that’s enough to seal its place in our heart as “the next phone to be fawned over for the next couple of months” – now that both Samsung and HTC have released their flagship offerings.
While earlier pictures showed the back of the LG LS970 and had folks making assumptions that it’d come with an embedded battery, a new image reveals that it might not be the case after all. The [...]
By now, we should have been able to make contactless payments with pretty much any mobile phone, at just about any supermarket or restaurant. Or at least that’s what many of us expected for 2012. Unfortunately, NFC payment technology has been slow to progress over the past couple of years.
There are still relatively few smartphones enabled for NFC use, while mobile payment systems, like Google Wallet, have been experiencing security issues of all sorts. However, we have some good news to report today on this front – MasterCard has announced the certification of 17 new smartphones for its PayPass Ready program.
By far, the most [...]
In a previous article we published a few days back, we talked about how smartphone payments are expected to replace cash and credit cards as the main payment method by the end of this decade. Following up, if a recent report from Reuters is to be believed, Canada is poised to be there first, as the invasion of smartphone payments is expected to commence there as soon as by the end of this year.
According to Reuters, Canada is currently the leader in developing smartphone payment methods, a title won thanks to the high number of retailers and smartphone owners that have adopted NFC technology. According to Richard McLaughlin, senior vice-president for global products [...]
Cash? Forget it. Credit cards? How dated. More than two thirds of technology insiders believe that paying with smartphones will overtake both credit card payments and cash payments by the year 2020. Incredible as it may sound, Near Field Communications (NFC) technology is expected to build enough inertia over the this decade to cement its role in our daily lives. Is this possible? Read on. Governments love this stuff!
The survey – conducted by the Pew Research Center and Elon Univeristy – noted that most companies already involved in financial services market will try to resist the shift towards NFC technology to avoid losing market share. That [...]
“Make your phone your wallet” is the popular tag line used by Google to entice consumers to use Google Wallet, its digital payment system. Is “Make your phone your bank” the next step in this technological rat race?
Imagine a future where employees receive their paychecks by swiping their phones over an NFC (Near Field Communication) sensor on their way out of the office, where getting on a bus involves pointing your phone at a machine, and paying for lunch implies a swipe of your smartphone, and maybe a review on yelp.com. On the flip side, that’s also a future where late-night muggers intimidate their victims with a snarled “Give me your phone and no one has to [...]
It’s easy to get lost in the sea of Android news, updates, hands-on’s, and gadget releases that seemingly never stop. With the frenetic pace that mobile technology is advancing, it’s very difficult to slow down and look at the big picture. This is precisely why we’d like to pause for a while, and talk about the top smartphone trends that we observed at this year’s highly acclaimed Mobile World Congress. We’ve been up and running all this time, covering the latest events at MWC. But don’t you think now is the perfect time to get a bird’s eye view of the current smartphone trends? Let’s check them [...]
One thing I really hate about signing up with a two-year contract is not being able to change my phone when a new one comes out; especially if it is a lot better than the phone I’m currently locked with. With all this talk about NFC capability, it is understandable why there are so many people who are getting interested in joining this bandwagon. But if you’re like me who has to wait for another couple of years before changing your phone, what do you do?
Fortunately, Moneto has addressed an answer to us! Moneto has made near-field communication chips available to devices not yet equipped with the feature. This is by cramming it into the standard MicroSD card slot of [...]
Well, isn’t this a surprise? It looks like one of the main backers of Isis, the carrier owned mobile payment service, is finally allowing Google Wallet on its NFC phones. The truth is this shouldn’t have been a surprise in the first place. Google Wallet should’ve been allowed from the beginning, otherwise this is a dangerous precedent for carriers if they get to “vet” what kind of applications are allowed on the market. It’s especially more dangerous if those apps are supposed to compete with one of their own services.
I think NFC is a revolutionary technology, and if the whole mobile ecosystem (OS makers, manufacturers, carriers), [...]
Near Field Communication (NFC) technology has become the next big thing these days as many manufacturers are bringing the technology into many of their mobile phones. If you ever thought that NFC-enabled phones are primarily being used for wiring monetary transactions, well, think again.
While the majority of Android phone users are beginning to adopt Google Wallet as a means for wirelessly paying for their purchases, don’t you know that you can also do other neat stuff with your NFC-enabled phone like adding friends to your Facebook account? For the latter, you have the Add Friend (Facebook) app available on the Android [...]