Battle commences for 'mobile money'

Technology Feb. 26, 2013 - 06:55AM JST ( 3 )

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afanofjapanFeb. 26, 2013 - 11:25AM JST

Of course he would say it is not useful, since he is trying to promote a rival technology.

I guess he hasnt tried the mobile payment here. This technology works, and it is awesome. I am guessing that it is something the rest of the world will just have to do without though, because without A**le and Pa***l it wont get the traction it needs..

Its a pity, but doesnt bother me since i live here and will continue to use Felica How's that Apple Passbook thing going? Can you go down to any convenience store and buy yourself a coffee with it yet?
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badsey3Feb. 26, 2013 - 11:38AM JST

Do people need to pay taxes on commerce thru alternative currencies like BitCoin. Physical gold/silver?
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Goodwill_HuntingFeb. 26, 2013 - 10:43PM JST

True, it is easy to pay in the store. Swiping your phone will only save a few seconds compared to swiping a debit/credit card. However, what about on the bus? In a taxi? At the gas station (think of those pumps that say, "No, pull your card out once more, this time a bit faster")? How about at a vending machine? NFC could change the whole way we think about paper money (recall how many people in Tohoku lost their savings that they had stashed in their homes). NFC just might make purchases more efficient and cheaper for consumers (lower surcharges perhaps?). Consider buying stock in NXP Semiconductors. I did.