Is your smartphone replacing your wallet? Samsung and Visa team up for NFC mobile payments at London 2012 Olympics


Samsung and Visa team up for NFC mobile payments at London 2012 Olympics | BGR.

As reported by BGR, Samsung will provide phones with Near Field Communications that allow people to make payments with their smart phones, say at vending machines, for example

I think NFC technology has tremendous potential, but a great deal of education and marketing (and infrastructure to accept the payments, along with a new generation of phones with NFC capabilities) needs to occur before the masses will adopt it. For every geekh-ead who embrace new technologies, there’s probably 50 out there who won’t trust it. Will definitely follow up and see how it fares during the Olympics. 😉

Cheers!

Bubba

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