‘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

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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

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