22 billion dollars to be moved over mobile phones by 2011
By Stefan Constantinescu on Tuesday, July 10th, 2007 at 1:26 AM PST In Research
Juniper Research published a report stating that the uptake of NFC (near field communication) devices along with the cooperation of major financial institution’s will make payments with your mobile phone the preferred way to do commerce.
I simply can’t wait. My wallet is absolutely useless and I recently purchased a simple, small, card holder that holds just a photo ID and my Visa. I wonder how this will work in strip clubs, will the girls have to wear a sticker that is NFC enabled?
Where is the sticker?
[Via: SMS Text News]
