’m on the road today, so I’m turning the Wall Street Daily reins over to my trusted colleague, Justin Fritz. Below, he hits on a topic the two of us have heavily profiled over the past several months – mobile payment technology.
Simply put, this is a high-tech, “touch-free” way of paying for goods, using semiconductor chips embedded in mobile devices, like smartphones. The driving force behind this concept is a technology known as Near-Field Communication (NFC), which allows you to wave your smartphone by a payment reader to complete a transaction. No traditional “swipe-and-sign” credit card routine. In fact, no need for credit cards at all.
The technology is already making serious progress and we expect it to become one of the hottest tech trends over the coming years. Especially since Google (Nasdaq: GOOG) just upped t’m on the road today, so I’m turning the Wall Street Daily reins over to my trusted colleague, Justin Fritz. Below, he hits on a topic the two of us have heavily profiled over the past several months – mobile payment technology.
Simply put, this is a high-tech, “touch-free” way of paying for goods, using semiconductor chips embedded in mobile devices, like smartphones. The driving force behind this concept is a technology known as Near-Field Communication (NFC), which allows you to wave your smartphone by a payment reader to complete a transaction. No traditional “swipe-and-sign” credit card routine. In fact, no need for credit cards at all.
The technology is already making serious progress and we expect it to become one of the hottest tech trends over the coming years. Especially since Google (Nasdaq: GOOG) just upped t
Simply put, this is a high-tech, “touch-free” way of paying for goods, using semiconductor chips embedded in mobile devices, like smartphones. The driving force behind this concept is a technology known as Near-Field Communication (NFC), which allows you to wave your smartphone by a payment reader to complete a transaction. No traditional “swipe-and-sign” credit card routine. In fact, no need for credit cards at all.
The technology is already making serious progress and we expect it to become one of the hottest tech trends over the coming years. Especially since Google (Nasdaq: GOOG) just upped t’m on the road today, so I’m turning the Wall Street Daily reins over to my trusted colleague, Justin Fritz. Below, he hits on a topic the two of us have heavily profiled over the past several months – mobile payment technology.
Simply put, this is a high-tech, “touch-free” way of paying for goods, using semiconductor chips embedded in mobile devices, like smartphones. The driving force behind this concept is a technology known as Near-Field Communication (NFC), which allows you to wave your smartphone by a payment reader to complete a transaction. No traditional “swipe-and-sign” credit card routine. In fact, no need for credit cards at all.
The technology is already making serious progress and we expect it to become one of the hottest tech trends over the coming years. Especially since Google (Nasdaq: GOOG) just upped t
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