HOME  |  NEWS  |  BLOGS  |  MESSAGES  |  FEATURES  |  VIDEOS  |  WEBINARS  |  INDUSTRIES  |  FOCUS ON FUNDAMENTALS
  |  REGISTER  |  LOGIN  |  HELP
Blogs
Blog

Video: NFC Coming to E-Wallet Near You

NO RATINGS
Page 1 / 2 Next >
View Comments: Newest First|Oldest First|Threaded View
<<  <  Page 2/2
Rob Spiegel
User Rank
Blogger
Re: E-Wallets using NFC Technology
Rob Spiegel   4/5/2012 2:36:13 PM
NO RATINGS
I agree, Apresher, the market will decide. While the technology may now be embedded in a a number of smartphone brands, retailers would have to adopt the technology on a wide scale. Some retailers are testing it, but to reach critical mass, it would need to be hundreds of thousands of retailer outlets. Consumers won't accpet it until it fiarly ubiquitous.

What I don't get is what it saves in time or energy. You still have to select your card or checking acount. You still have to engage in some form of security (pin or signature). It seems that ending the swipe function is not enougha big enough change to warrant a wholesale revamp of technology.

apresher
User Rank
Blogger
E-Wallets using NFC Technology
apresher   4/5/2012 9:04:26 AM
NO RATINGS
Interesting technology. I don't think there's any doubt that something will replace the credit card but it is difficult to foresee what will tip the scales in favor of a specific technology.  Certainly if NFC has already been five years in the making, there has been significant work on the communications side, plus also security.  We'll have to wait and see if it is accepted in the marketplace.

Rob Spiegel
User Rank
Blogger
Re: Don't leave that e-wallet in the cab
Rob Spiegel   4/4/2012 11:00:20 AM
NO RATINGS
I'm still a bit confused about how NFC is an advantage over our cards. It's really not much trouble to swipe a card at the point of sale. I would also think there are plenty of security issues. I guess I don't see the problem this technology would solve.

Jennifer Campbell
User Rank
Gold
Re: Don't leave that e-wallet in the cab
Jennifer Campbell   4/4/2012 9:54:55 AM
NO RATINGS
I, for one, would rather lose my smartphone. With all the passwords I have for the important apps, like banking, no one would be able to get into it. Of course, there are probably hackers out there that can troubleshoot my simple password, but it's better than losing my wallet and having someone be able to use my credit card immediately.

Beth Stackpole
User Rank
Blogger
Don't leave that e-wallet in the cab
Beth Stackpole   4/4/2012 7:49:25 AM
NO RATINGS
I have no doubt the e-wallet will be as ubiquitous as the smart phone is today is just a matter of time. One thing that stood out to me, though, was the comment about theft or losing a phone. I'm not sure what's more common--people losing their wallet or their smart phones? In the case of e-wallet based smart phones, I would think there is a ton of work to be done regarding security.

williamlweaver
User Rank
Platinum
Innovation Takes Time
williamlweaver   4/4/2012 7:47:54 AM
NO RATINGS
Great stuff! If I remember correctly, the Bluetooth specification was around for many years before it saw integration into popular consumer electronics. MEMS and Nanotechnology also had a fairly long incubation period before it got traction. Maybe now is the time for NFC to take off? It is so difficult to pick winners and losers in technology. Sometimes the most innovative winners need to wait until the rest of us catch up before their utility is discovered. It's up to the early adopters to keep plugging away and the manufactures to be prepared for delayed gratification. ...Just ask an "overnight" singing sensation how many years they spent singing in bars for tips before the became an international phenom...

<<  <  Page 2/2
Partner Zone
More Blogs
The damage to Sony from the cyber attack seems to have been heightened by failure to follow two basic security rules.
Reshoring is picking up steam, but it's not outpacing the overall continuing growth in outsourcing.
Here's a variety of views into the complex production processes at Santa's factory. Happy Holidays!
The Beam Store from Suitable Technologies is managed by remote workers from places as diverse as New York and Sydney, Australia. Employees attend to store visitors through Beam Smart Presence Systems (SPSs) from the company. The systems combine mobility and video conferencing and allow people to communicate directly from a remote location via a screen as well as move around as if they are actually in the room.
Thanks to 3D printing, some custom-made prosthetic limbs, and a Lego set, one lucky dog and a tortoise has learned new tricks.
Design News Webinar Series
12/11/2014 8:00 a.m. California / 11:00 a.m. New York
12/10/2014 8:00 a.m. California / 11:00 a.m. New York
11/19/2014 11:00 a.m. California / 2:00 p.m. New York
11/6/2014 11:00 a.m. California / 2:00 p.m. New York
Quick Poll
The Continuing Education Center offers engineers an entirely new way to get the education they need to formulate next-generation solutions.
Jan 12 - 16, Programmable Logic - How do they do that?
SEMESTERS: 1  |  2  |  3  |  4  |  5  |  67


Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.
Learn More   |   Login   |   Archived Classes
Twitter Feed
Design News Twitter Feed
Like Us on Facebook

Sponsored Content

Technology Marketplace

Copyright © 2014 UBM Canon, A UBM company, All rights reserved. Privacy Policy | Terms of Service