NFC mobile payments to replace cash and credit cards by 2020

NFC Technology

Mobile commerce set to become powerful force in financial world Mobile commerce is quickly becoming a formidable force in the world of business and finance. The emerging industry is powered by NFC technology, which can turn mobile devices into payment platforms. NFC has become a focus for telecommunications, credit and financial companies around the world because it could change the way commerce works. Mobile commerce is not free from skeptics, however, as many believe that NFC technology will never reach a point where it can replace traditional credit cards. This…

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