With NFC becoming more popular in the realm of commerce, more devices that make use of the technology are entering the commercial market. Most of these devices are smart phones coming from companies like Nokia and Apple, but Winwatch, a Swiss watch maker, has developed a new device that makes use of the promising technology. The company has built the first ever diving watch which can interface with NFC stations. According to the company, the watch can be used to make mobile transactions the same way a smart phone can.…
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Everyone is talking about new mobile wallet technology
Though credit cards are still the standard here in the United States, in other parts of the world – such as Kenya – smartphones have replaced the card and card-reader technology which are now considered to be obsolete in that nation. In fact, among Kenyan adults, 70 percent use their mobile phones to pay for goods and services at a point of sale, and this country is not alone. Around the globe, an ever increasing number of people are using their mobile devices to pay for retail goods, groceries, and…
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