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Smart Phone is a Smarter Wallet?

http://www.time.com/time/magazine/article/0,9171,2048325,00.html

by quismal • 15 years ago

4 2 15 years ago

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thinkcomp• 15 years ago

"For instance, what's to stop a sophisticated thief with a concealed payment terminal from digitally pickpocketing you [with NFC]?"

Using a barcode instead, with a face of the customer downloaded from a server onto the cash register, as in http://www.facecash.com.

quismal• 15 years ago

That is a concept that I have been toying with. However, all interactions with payment processing servers would have to be done via your smart phone's internet connection; which isn't a terrible thing despite possible slow connections.

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