‘Contactless Cards,’ Like London’s Transit Card, Will Fuel Mobile Payments Adoption Globally

‘Contactless Cards,’ Like London’s Transit Card, Will Fuel Mobile Payments Adoption Globally

RTR2LH1X

Though consumers have concerns about the security of mobile payments, these can be alleviated with education. NFC-based mobile wallets already have a host of security features that make them as secure, or more secure, than credit and debit cards.

NFC, a technology already used in apps like Google Wallet, allows people to pay with their phones by tapping a payment register at a store
NFC Enabled Handsets

http://www.businessinsider.com/contactless-spurs-mobile-payments-2014-8?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s