How your mobile phone can be turned into a credit card – it could mean the end of small cash payments in 5 years

“Any mobile phone can be turned into a ‘tap and go’ credit card under a payment system unveiled today.
Advocates of the technology argue it could mean the end of small cash payments within five to ten years.
The system, which can be used to make purchases up to £15, involves sticking a smart card or PayTag – about a third of the size of a normal credit card – to the back of a handset”.

Read more: http://www.dailymail.co.uk/sciencetech/article-2131858/How-mobile-phone-turned-credit-card–mean-end-small-cash-payments-5-years.html#ixzz1sUKNYcT1

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s