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Topic: Visa launches nfc-digital wallet (Read 1720 times)

hero member
Activity: 588
Merit: 500
May 17, 2011, 02:40:40 PM
#7
Phones with NFC are quite rare right now; I'm only aware of one on the market today. So it's going to be a couple of years as people upgrade.
member
Activity: 124
Merit: 10
May 17, 2011, 02:53:15 AM
#6
now something that might be a great idea.. is creating an app which can embed a transaction in to a QR code on the fly.. (either a recieving app, or a payment) and let a QR reader read it off a phone screen.

No reason at all this couldn't be done. QR code, bar code, whatever, the transaction data could easily be embedded. Another thing that could be done (although this is much more risky unless done right) is bluetooth to bluetooth transactions. That way, older 'feature' phones don't miss out on the fun.
sr. member
Activity: 420
Merit: 250
May 17, 2011, 02:27:33 AM
#5
now something that might be a great idea.. is creating an app which can embed a transaction in to a QR code on the fly.. (either a recieving app, or a payment) and let a QR reader read it off a phone screen.
member
Activity: 102
Merit: 10
May 17, 2011, 02:25:06 AM
#4
Unlike QR codes for instance, NFC requires way more hardware on both ends. So adoption rate is probably going to be pretty slow.
sr. member
Activity: 420
Merit: 250
May 17, 2011, 01:23:27 AM
#3
or worse... some one just walks by your purse with a scanner, and rips out a 'payment' without you knowing until you pull your phone out next :\
i'm sure they will make it so you have to prep your phone before it will accept a transaction.. but even if one in 100 accidentally fatfinger a transaction prep.. thats alot o fmoney.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
May 17, 2011, 01:04:37 AM
#2
...the ability for consumers to pay for purchases simply by waving their phone near a cash register.

If you lose your phone then you have to 'cancel your credit card(s)?'
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