A recent report shows that mobile payment technology may be here sooner than we think. Radio Frequency ID (RFID) chips enabling the Near Field Communications (NFC), will be in most Smartphone’s coming out this year. The survey shows around 23 million phones being NFC enabled by the end of this year. In three years that number is predicted to be around 300 million. Mobile devices hit a growth point where they didn’t grow anymore. They exploded. Now over 70 percent of the entire world population has a mobile phone. In the…
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