Five ways NFC could transform business life

Expenses/payment

The emergence of the ‘mobile wallet’ is one of the most talked-about technology developments of 2012.

An increasing number of leisure outlets, shops and transport hubs now have NFC readers at checkouts, which means customers can pass an NFC-enabled handset in front of the device to make an instant payment, debited either from their bank account or added to their monthly mobile service charge.

Instead of carrying a large wallet full of cards or fumble in pockets for cash, this...

By Chris Pay, 09 August 2012, 3 comments. Categories: Consumers, Content, Operators.