My Smartphone, My New Credit Card. Bye-bye Wallets
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2011 23 Dec

The communication technologies are booming these days; new ways to communicate with everything around us are being introduced. Interaction is being redefined at such a rapid way which it’s hard to predict.

People are walking around with their mobiles, which are the computing replacement of our parent’s decades. Everything is connected now. So it is worth to find solutions that are based on these trending mobility technologies.

“Pay per Mobile” is one of the most technology trends in the world for 2012; people in US, Europe and Asia are starting using their smartphones to buy their daily stuffs.

As the trend toward digital currency continues to gain momentum, we are focused on delivering solutions that are not just new and different, but better than what is currently the norm today” PayPal President Scott Thompson said in a blog post .

We're building a better walletGoogle says about their new “Google Wallet ”, it’s a smart, virtual wallet that stores your payment cards, offers, and more on your phone and online.

“Near Field Communication” is the future of communication, and the future of mobile payment solutions. NFC is a set of standards that enables smartphones and similar devices to communicate by bringing them at close distance.

Mobile payments are the future of our daily financial transactions, so we should catch up with this booming trend, and creativity interact with it.

 At the end, it’s not always easy to predict what is going to happen in the coming 6 months, and sometimes you find it hard to select the field on which you should invest. But NFC and virtual wallets, and any other solutions based on it, may be 1 million dollar idea for the coming year.

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