Google and others are promoting Near Field Communication technology, which involves replacing credit cards with phones -- but will users adopt?
This article titled “PayPal casts doubt on Near Field mobile payments systems” was written by Juliette Garside at the Mobile World Congress in Barcelona, for The Guardian on Tuesday 28th February 2012 18.06 UTC
The mobile wallet payment systems being developed by Google, Vodafone, Orange, Visa and Mastercard could be out of date before they come to market, according to internet bank PayPal.
Google and others are promoting Near Field Communication technology, which involves replacing credit cards with phones which can be tapped on a reader at the till. NFC is the most high profile of the array of new mobile payment technologies on show at this week’s Mobile World Congress in Barcelona.