Monday, February 21, 2011
Tap-to-Pay
The reason that I chose tap-to-pay is because the larger percentage of the U.S. population has a mobile phone. Different surveys show that at least eighty percent of Americans own a cell phone. Cell phones are also getting more and more affordable, which means that more people can afford them, and they can also own more advanced ones. This is a trend that will catch on because it will make things even easier than they already are. Personally, I would love getting read of my bank card. It is one less thing that I would have to carry or worry about losing. I can also put a password on my phone, unlike credit cards. Besides using it to pay for things like transport or groceries. An employer could also use this to pay their employees. It's reliable and that way everyone knows they are getting there money on time. Just swipe your phone over the pad on the way into work.
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I like your idea of getting rid of the bank card. It would be so much easier not to have that extra card or two and just use Tap-to-Pay.
ReplyDeleteOne major problem to this is lost or stolen phones, and not just the phone itself, but by cloning the SIM card, all your information becomes a hackers information. These procceses are relatively simple for a hacker to do, the same way as cracking that 4-6 number "password" is. However, it will be interesting to see what becomes of this idea.
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ReplyDeleteyea thats a nice choice tap to pay before you kno it moms dad sisters brothers babys grandma's and grandpa's with have a cell phone funny but true
ReplyDeleteYes losing your phone is a problem. But so is losing your wallet. Security is also still an issue, but it can still be upgraded. Especially with voice recognition and maybe finger print scans eventually.
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