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Experts believe smartphone payments will eclipse credit cards by 2020

0. phoneArena posted on 19 Apr 2012, 22:57

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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posted on 19 Apr 2012, 23:00 1

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.

posted on 20 Apr 2012, 00:34 1

2. Cyan3boN (Posts: 446; 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..

posted on 20 Apr 2012, 01:03

3. pongkie (Posts: 654; Member since: 20 Aug 2011)

if everyone owns a smartphone i guess. but it seems cards are cheaper no matter what

posted on 20 Apr 2012, 04:50 3

4. s1ebee (Posts: 20; Member since: 04 Apr 2012)

what if your battery dies?

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