Comments on: Cashing in on Contactless? http://www.thecatalystcode.com/theconversation/blog/2008/11/20/cashing-in-on-contactless/ The Catalyst Code Thu, 09 Sep 2010 08:27:30 +0000 http://wordpress.org/?v=2.0.11 by: Nicolas Prinet http://www.thecatalystcode.com/theconversation/blog/2008/11/20/cashing-in-on-contactless/#comment-4343 Mon, 24 Nov 2008 16:10:01 +0000 http://www.thecatalystcode.com/theconversation/blog/2008/11/20/cashing-in-on-contactless/#comment-4343 But surely, when paying in a brick and mortar store at a modern cash register like the ones we have in the western world, it is more practical "to wave our phones at POS terminals" than to send SMS or play with 2d bar codes? Both from the customer's and the merchant's point of view? Also, about the possible reasons behind development of mobile payments, David Evans had talked about the development of transportation services available with the mobile, which might help other uses, such as payment. Finally, the chicken and egg question for NFC payments with the mobile will certainly be affected by the same question with card contactless payments: if the contacless cards launched by millions by the american banks do not meet a real success, then we can indeed doubt that merchants will be motivated to keep the necessary hardware and software - and vice-versa. If it were a success for contactless cards (not obvious for the time being?), then the merchants might want to improve their equipment, and if a POS is ready for NFC card payments it should be easy to add the phone payment. But surely, when paying in a brick and mortar store at a modern cash register like the ones we have in the western world, it is more practical “to wave our phones at POS terminals” than to send SMS or play with 2d bar codes? Both from the customer’s and the merchant’s point of view?

Also, about the possible reasons behind development of mobile payments, David Evans had talked about the development of transportation services available with the mobile, which might help other uses, such as payment.

Finally, the chicken and egg question for NFC payments with the mobile will certainly be affected by the same question with card contactless payments: if the contacless cards launched by millions by the american banks do not meet a real success, then we can indeed doubt that merchants will be motivated to keep the necessary hardware and software - and vice-versa. If it were a success for contactless cards (not obvious for the time being?), then the merchants might want to improve their equipment, and if a POS is ready for NFC card payments it should be easy to add the phone payment.

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