A Move To Bypass Carriers For Mobile Payment
Written by Evan SchumanJanuary 9th, 2009
As mobile payments try to pick up steam in the United States—an economy that today can be described as remarkably steam-free—retailers are mixed about whether mobile payments are indeed viable. But one vendor is trying a new tactic: bypassing telecom carriers by directly using Bluetooth for transactions.
A nice piece in the American Banker details the ways that Bluetooth could be easier to deploy than near field communication (NFC). Much of the problem in the United States is financial and working out compensation plans that please telecom carriers, phone manufacturers, credit card companies and retailers. Getting even two of those groups to cooperate is difficult enough.
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Our Comment SPAM system is getting very aggressive these days and has been blocking legitimate comments. If you post a comment and don't see it appear within 2 hours or so, can you please send a heads-up to customer-service@storefrontbacktalk? Ideally, please include the time you posted the comment. That will allow us to try and hunt for it. Thanks! P.S. We're working on fixing the system, but we don't want to lose any valuable comments in the meantime.
Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
