Imagine walking past a movie poster and being able to wave your cell phone in front of it to download a movie preview or buy tickets. Or checking out at the supmarket with the flutter of your mobile. Near Field Communication (NFC) wants you to be able to do just that. The company is showing off contactless payment technology here at CES that lets customers shop without swiping a card.
NFC-enabled devices are already being used in the United States, Canada, Germany, Europe, and parts of Asia; so keep your eyes peeled for NFC contactless card terminals at fast food restaurants and gas stations. To use your credit card at one of these touch-and-pay spots, you'll need a smart-chip-embedded credit card, already offered by providers like MasterCard, Visa and American Express. The technology is slower in coming to mobile phones, but
Nokia and Motorolaare have started embedding smart chips into some of their existing handsets.
Once NFC armed, users are able to simply wave or tap their mobile device or card in front of any point-of-sale terminal, and transactions made will then be charged to their credit card or bank account -- which are securely stored in the integrated smart card chip. This new technology also lets users exchange contact information with NFC’s peer-to-peer functionality, and even shop from the comfort of their living room sofa through their TV.
What do you think about this new way of shopping? Are you ready to replace your credit cards with your cell phone and tap-n-go cards? Post a comment and let me know.
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