Tuesday, March 29, 2011

Giga OM - Will Apps Become the New Wallet?: Tech News and Analysis
Giga OM reports: "Two recent news reports are bringing the digital wallet closer to reality. American Express is offering a one-stop-shop payment platform in the form of an app for Apple iOS or Google Android users as well as through Facebook. The Wall Street Journal is also offering more details on Google’s planned mobile payments strategy which will use a technology known as near-field communications to transmit payment data."

Comment: It's interesting to think that in one or two years the way we pay for things may be completely changed by the new mobile payment platforms.

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