Now Pay Bills with your iPhone
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Near Field Communication is becoming a hot trend across the globe with more and more financial institutions supporting this technology . NFC is giving users easy access to payment processing though the NFC Chip installed in their smart phones like Google Nexus S. NFC has already made its way to US and Europe and this technology has the potential to reach many other industries , from location-based services to ticketing and public transportation .
How it Works :
NFC is based on radio waves which transmits data across much smaller distances, typically between 4 - 10 centimeters as compared to bluetooth and RFID which have longer transmission capacity . This means your device must be in close proximity of the NFC receiver to be activated and authenticated for the given service. Check out the video below .
One Device for all your Needs :
In the near future we will have a single do-it-all device that we can carry around to pay our expenses , use it as a personal id card or virtual ticket , use it to open our door without a key and many other applications.
Google’s News NFC Based Service - Google Wallet :
Google has already introduced their new NFC based service called Google Wallet few days back in the United States . This will allow you to save your credit card information on your cell phone . Not just that , you can also store in your gift card and other offer coupons on your smart phone.
You can simply use your NFC enabled device at the time of checkout by taking it near to a PayPass enabled terminal and pay your bill. All your transactions will be secure and you can use this service at over 124,000 PayPass Enabled merchants nationally [US] and more than 311,000 globally . Google has taken this mobile payment technology one step further by adding another feature called SingleTap. This allows users to easily store gift cards & coupons right on the phone .Redeeming gift cards will also be easy, and possible to do with a single tap. Check out the video below :
Check out the Google Fun-Simple Shopping Experience Video :
iPhone 5 and NFC :
Apple has dropped its plans to introduce NFC in its upcoming 5th generation iPhone 5 [4S] version . Apple says this technology is still very new and they are not going to implement it until it’s proven secure and feasible .
Let us know what you thing about this new technology . Are you ready to drop your wallets ?
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I’m very happy to hear Apple has decided to not go ahead with NFC. NFC can be very unsecure. Maybe transactions are secure, but there is nothing to stop somebody walking by you with a device that can steal your info.
you are right , unless its widely accepted and flaws detected , Apple would be the one to make the best use of this technology in its future devices . Just waiting for that day . It would be cool having to carry no wallet and pay with the phone
This is typically Apple.
Don’t you apple fanboys understand that this is just another way for apple to squeeze more money from your pockets so that whenever any Android/Nokia phone is already enabled for NFC, you fanboys will queue up to buy the next iphone for another $400, and not only that, you will queue up to pay another $400 when the white version is around..
$400??
try $900 unless youre in europe!
We “fanboys” like Iphone as you like HTC and yes, we pay the price, because if you want the best you are willing to pay the price.
In other hand, see all the HTC fanatics with there constant verbal attack of the “Applefans”, trying to convince us tht HTC is the best. You don’t get it yet, we like Apple, you like HTC, live with it, there’s nothing you can do about it.
The only difference is that “Applefans” don’t verbal attack anybody because they use another brand, that’s called freedom.
Yes, there’s freedom of speak as well, I know, and you just keep on going, while we “Applefans” sits here with the biggest smile on our lips, enjoying our “toys”
(f*ken post thing)
@Chris
“We ‘fanboys’ like Iphone as you like HTC and yes, we pay the price, because if you want the best you are willing to pay the price.”
this is the thing about the apple fanboys, you say “the best” referring to apple gear, where apple mostly limit their technology to make more money.
Yes, i actually like apple, i will not use anything that is not an ipod to play my music. but i hate how instead of pushing the limits, they hold back in some aspects just so people will be like “oh it has more features now” and go out and but the NEW one where the could have implemented that in the version before.
I know exactly what you mean, but it is still the peoples choice, no on force them to buy the new one. But one thing you must admit, when you deliver all the absolutely new features there is on the market, there´s also a lot of error which have to be corrected after the customer got it, that will say software update or service.
Then you can try see how many of these kind of issues Apple got similar to other ones, that´s very few, why make the same mistakes like the other ones, just to get some good numbers? who is the victim with all the crappy errors and stuff, who have to live without the device?
I´m not fanatic, I just like the Apple products, I have tried HTC, that was defiantly not me, especially not after have worked for them. But of caurse they are the best….for me, and for me, that is what counting for me.
Google Wallet’s implementation guards the data with a PIN. No identifiable information is transmitted until you are standing at the checkout station and enter your key.
adsfas
Think you mean asdfasdf, dont you
Haha you’re right. Sorry, i make that mistake all the time.
Hahaha but no, I was trying to reply and the words were grey so I was checking whether it was disabled or not. Obviously it wasn’t. And i couldn’t find a ‘delete post’ button -__-
Before owning an iPhone 4 I had nokia,samsung,htc phones none of them are as easy to use as iPhone,especially htc was the worst