Pay-By-Phone to Arrive in 2012

Pay-By-Phone to Arrive in 2012
Jeff Squires
  • 15 may 2008

An article in Reuters claims that NFC (Near Field Communication) – the technology that enables people to make small payments by flashing their handsets over sensors, is likely to reach the American masses by 2012, when one phone out of every five sold will feature the wireless communication technology.

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