WATCH OUT! A similar technology to RFID - the technology that allows you to pay for products by simply waving your credit card in front of a sensor, will soon be coming to a mobile phone near you. Google, Apple and Amazon are exploring with a new technology called NFC, or Near Field Communication, which will contain your credit card information allowing you to pay for products using only your mobile phone. Apple has announced that they are definitely bringing this with the release of the iPhone 5.
But will this mobile phone technology take off? Discovery Channel's original show Mythbusters had their recent episode debunking the security of RFID credit cards pulled by the credit card companies themselves. Which begs to question, is this technology secure? Forrester believes that this technology will completely change the way we pay for things, but the adoption process will take some time.
What are your thoughts? Will you experiment with this new technology? Or are you going to stick with lugging around all those pieces of plastic?
Read the Full Article on Mashable - Mobile Payments Will Disrupt
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