Monday 20 June 2011

Naratte is a NFC alternative that uses sound waves for mobile payments

I would bet that with all the hubbub over wireless payments over the last year we are all familiar with near-field communications or NFC at this point. Many smartphones will eventually come with NFC technology built in that will allow the user to pay for things in stores by simply holding the phone near a payment machine sort of like you can do with Speedpass at Exxon gas stations. A lot of big names in the payment and tech world are working on bringing NFC payments to users with Google pushing

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