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Author Topic: NFC technology would allow users to pay for purchases using smartphones?  (Read 1729 times)

Offline supplykeeper

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You can do a lot of things with your mobile phone: call, email, friend, game, like, surf, text and tweet. For the time being, however, “paying for stuff” isn't necessarily one of them.

Today, mobile e-commerce options are somewhat limited or, at the least, inconvenient. On a smartphone, users can input credit card data much as they do on the Web. They can also buy apps via Apple's or Google's app stores. Or in some instances, they can use “carrier billing” to make purchases that will later be added on to a mobile phone bill.

But a relatively new technology and some intriguing startups present the capability to turn smartphones into easy-to-use payment engines. The addition of e-commerce to the mobile marketing equation may provide big benefits to marketers—even b2b marketers that often trade in bigger-ticket purchases.

« Last Edit: 26/07/2011 05:48:02 by Geezer »


Offline CliffordK

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Around the world, almost everywhere except in the USA, the smart phones are being used in much the same manner as a credit card.  This is especially common in Asia.  I believe the technology is getting to be pretty mature.  However, I think it will take a while before it is broadly accepted in the USA.  We already have a very good network of credit cards, debit cards, and ATM machines, many of which would require expensive upgrades to use with cell phones.  I think a signature has inherently poor security.  A PIN is marginally more secure, but most people have a pretty simple 4 digit PIN. 

I'm surprised we haven't started moving towards a PIN + Fingerprint security system.  Photo ID could be bounced off of the bank, and wouldn't require the photo to be printed on the card, or a smart card.

Offline Don_1

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You can do a lot of things with your mobile phone: call, ...........


You mean, speak to someone on the phone......... now there's a novel idea.

I wonder if there's any money to be made here

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