7:15 PM
NFC strikes.! Mobile Phones are not merely communicating devices anymore. The first NFC application is launched in the U.K. Shoppers can now use their mobile phones to pay their bills on purchases made. Although it is not fully adopted by the vendors in the market, McDonalds, EAT, Subway, LittleChef are among the shops signed up to this service quoted BBC.
Users wishing to use the system will need Orange and Barclaycard accounts as well as a handset (NFC supported) set up for contactless payments. Only purchases up to a value of £15 can be made using the service but users can preload their mobile with up to £100. The service is made possible by Near Field Communication (NFC), the short-range wireless technology that underpins many wireless payment systems.
Currently there are 50,000 stores with NFC-enabled readers in the UK.Some 12.9 million credit and debit cards are already in circulation. I Reckon its just the beginning of a new revolution in the smart phone era and can only dream of when this service is going to launch in India.!
source: BBC
Users wishing to use the system will need Orange and Barclaycard accounts as well as a handset (NFC supported) set up for contactless payments. Only purchases up to a value of £15 can be made using the service but users can preload their mobile with up to £100. The service is made possible by Near Field Communication (NFC), the short-range wireless technology that underpins many wireless payment systems.Currently there are 50,000 stores with NFC-enabled readers in the UK.Some 12.9 million credit and debit cards are already in circulation. I Reckon its just the beginning of a new revolution in the smart phone era and can only dream of when this service is going to launch in India.!
source: BBC
Posted in: Google,Technology
0 comments:
Post a Comment