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Not really. There will be some NFC-enabled phones shipping over the next couple years, but with notable gaps. What you won't see is an NFC reader at your averag
by thinkcomp 15y ago
Not really. There will be some NFC-enabled phones shipping over the next couple years, but with notable gaps. What you won't see is an NFC reader at your average (meaning not Palo Alto or Mountain View) corner pizza shop for a very long time.
This is old news in the payments world. Trial #93 (or something like that) for contactless payments.
The fact of the matter is, it's not about the handshake. It's about the infrastructure. MasterCard's infrastructure is old. That's why we need a new one, whether it uses NFC or something else (such as barcodes).