Can You Believe That Use A Smart Phone Just Like A Credit Card

By Author: Isabel
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Credit card was invented in the 1950s. This product is undoubtedly one of the most important inventions of mankind. Now, people have been used to spend with a credit card. A new credit card model will be changed in the future.

Maybe it sounds absurd, but people will no longer need the card goes entity unless you want to show off your black entity card. What you just need is a smart phone and an APP application and then you can “brush mobile phone” to pay for your cost.

Data show that the global mobile payment market will grow from 240 billion dollars in 2011 to 670 billion dollars in 2015. At the same time, the global mobile phone subscribers pay for digital goods will reach 2.5 billion. This has showed us the great promise of mobile payments.

The manufacturers of super-smart phone treat the “payment function” as an important future direction of development. They want to use the mobile payment in the future, from coffee to attend the concert, then all traffic tickets involved in the consumption of cash and cards are replaced.

Recently, Google launched “Google Wallet”, which is the technology ...
... of using of NFC will combine you and your credit cards, debit cards together. They can pay in support of Google Wallet as brush using a mobile phone shop the same credit card to pay. Google said that Android phones will be built all future NFC chip to support the Wallet function.

In recent years, a lot of NFC applications for Apple’s patents. Nokia also plans to support the new NFC mobile phone payment technology. Nokia recently released N9, C7, 700,701 and 600 mobile phones that have built-in NFC module. TCL Communication jointly with the Consortium’s first NFC mobile phone has been unveiled.

HTC cooperates with the Consortium of NFC phones will be launched. Both RIM and Samsung are also working to NFC technology into their product offerings. China Unicom relevant person in charge said to the reporter, with the three major mobile operators pay a license issuance, will be the foreseeable future mobile payment terminal on a killer business. Earlier, China Unicom has launched with a CUP NFC mobile payment standard. It is understood that earlier this year has also been selected the NFC mobile terminal program the whole mobile phone market as their applications in long-term goal.

Data show that the NFC-enabled handset shipments will reach 40 million to 50 million in this year. To the end of 2012, the world will be about 300 million NFC-enabled mobile phones and other terminals.

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