|
Post by Willing Sniper on May 12, 2013 11:02:54 GMT -8
Contactless cards are just the beginning – there's a host of new ways to pay around the corner. As you fumble through your wallet to find the right payment card and loyalty card at the supermarket checkout this weekend, consider the possibility of just loading up your bags and walking out the door. The food would not come free. Instead, the items would be scanned as you walked towards the exit and the total cost charged to your mobile device, with loyalty points added automatically. "The same could be true anywhere you see humans clustering to pay," said futurologist Peter Cochrane. "Technology has the ability to change all that." Those who feel uneasy at the thought of paying for their morning coffee by waving their debit or credit card over a card reader should brace themselves for a new era in payment technology. Experts warn that in the coming years debit and credit cards – not to mention the collection of dog-eared loyalty cards in your wallet – will give way to a new generation of contactless payments, from mobile transactions to digital jewellery. Contactless technology has been available in the UK since 2007 and experts believe it is reaching a tipping point in terms of usage. "The two things that needed to happen at the same time were consumer awareness and its availability in retailers," said Michelle Whiteman of the Payments Council. "Retailers are buying into the technology now and in recent years we've seen some big names offering this payment service, which in turn raises consumer awareness. "The Olympics also helped showcase contactless technology, which could have been a contributing factor in raising awareness in the past year." The most common form of contactless payment currently is contactless cards, where customers can "wave" their debit or credit card over a card reader. According to figures from the Payments Council, there are currently 31.3 million credit and debit cards enabled with contactless technology and 144,000 contactless terminals in retailers including Boots, McDonald's and Ikea. Customers are protected from fraud when paying by contactless as with any other card payment, and are occasionally asked to enter their Pin for added security. www.telegraph.co.uk/finance/personalfinance/consumertips/banking/9937296/Cash-or-card-Soon-well-be-paying-by-handshake.htmlRead more: 37.77.92.64/~newxipin/r.php?nin_u=Oi8vY29udmVyc2F0aW9ucy5mcmVlZm9ydW1zLm5ldC90aHJlYWQvNDUxL2Nhc2gtY2FyZC1zb29uLXBheWluZy1oYW5kc2hha2U%3D&nin_b=1#ixzz2T6fZ6JVA
|
|
|
Post by Willing Sniper on May 12, 2013 12:39:42 GMT -8
They know where you are throughout the day right now.
|
|
|
Post by Willing Sniper on May 12, 2013 17:37:09 GMT -8
No point, just stating fact
|
|
Deleted
Posts: 0
|
Post by Deleted on May 13, 2013 19:15:50 GMT -8
It wouldn't bother me.
|
|