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NFC: Electronic Payment By Cell Phone Approach

By gracechan623 : A how to tutorial about cell phone, wholesale cellphone, Advertising with step by step guide from gracechan623.

It is difficult to estimate exactly when it will be possible to pay in stores just by putting his Hiphone 4GS TV Dual Card Quad Band Dual Camera JAVA 3.2 Inch Touch Screen Cell Phone on a small device, but one thing is certain, the industry currently up his pieces on the board at a rate of more supported. Glimpse of what might look a transaction within a few months or years.

It seems now accepted that one of the cornerstones of the payment by phone will be using NFC chips (Near Field Communication), Which allow the exchange of information between two devices without contact simply by placing them side by side.

Specifically, it could for example is possible to put his F079 Dual Card Quad Band Dual Camera Flashlight TV Function Ultra Thin Touch Screen MINI Cell Phone Black with an NFC chip on a compatible (like those used to pay in shops or Interact with a credit card) for a transaction to be recorded and the money goes from your account to trade you visit. Here is a video that shows what might look like such a transaction:

As you can see, a lot like cellular transaction in a transaction with a credit card type Visa and MasterCard Pay Pass pay Wave, except that the plastic card is replaced by a phone.

The same system could also be used for other kinds of cards, like debit cards, loyalty cards, subway maps, etc..

The industry puts its parts
Such payment methods are being studied and tested for several years now, but we are currently witnessing a new stage of the most important: the deployment of components necessary for the general public.

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Original article published on PubArticles.com

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