Ceres
New Member
Interesting article on redOrbit about Japanese consumers and companies using cell phones that double as credit cards.
Would you like one of these wallet phones?
One thing that would make me nervous is what would I do if I lost my wallet phone. I'd have no phone, no money, and no house keys! It wouldn't be a good day for me...!
More than 50 million – about half – of all cell phone users in Japan currently use phones with payment capabilities. Japan has pioneered not just the technology but also the business models that will pave the way for wallet phones to become a standard payment method in the future.
Trials in Japan showed that cell phones could effectively replace credit cards and even house keys and other commonly pocketed items.
Would you like one of these wallet phones?
One thing that would make me nervous is what would I do if I lost my wallet phone. I'd have no phone, no money, and no house keys! It wouldn't be a good day for me...!