by Kristin Moyer | December 18, 2009 | Comments Off
Contactless retail payment is often referred to as a “revolutionary technology” for the payment industry; however, this view is misplaced. It represents an opportunity for some consumers to substitute the use of a payment card for a normal cash transaction and, in certain circumstances, may offer added convenience to the consumer — for example, where [...]
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Category: payments Tags: contactless, nfc, transit
by Kristin Moyer | January 15, 2009 | 2 Comments
Christophe Uzureau and Kristin Moyer here. Many barriers exist to the more widespread adoption of mobile payments in developed markets, one of them being lack of consumer interest. Another barrier, however much less significant, has been the mobile phone itself. Most mobile phones do not yet include near field communication (NFC) capabilities due to business [...]
Category: payments Uncategorized Tags: banking and investment services, bluetooth mobile payments, contactless payments, mobile payments, nacha, nfc
