Experts believe smartphone payments will eclipse credit cards by 2020
0. phoneArena 19 Apr 2012, 22:57 posted on
In a recent survey by the Pew Internet and American Life Project and Elon University’s School of Communications, 1,000 technology insiders where asked if they agreed or disagreed with a statement that said, “swiping smartphones” would replace most cash and credit purchases by 2020...
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1. ZEUS.the.thunder.god (unregistered)
NFC is future. i guess it will be able to challenge and eclipse credit cards as a preffered mode of payment.
2. Cyan3boN (Posts: 438; Member since: 23 Feb 2012)
for nfc to be successful smartphones should be hack proof, no one wants strangers to snoop around their hard earned credits..
3. pongkie (Posts: 516; Member since: 20 Aug 2011)
if everyone owns a smartphone i guess. but it seems cards are cheaper no matter what