Comments on: RIP Credit Cards: Google Wallet To Change Mobile Payments http://www.mobilemag.com/2011/05/26/google-wallet-app/ Gadgets, Smartphones, Android Tablets, iPhone, iPad and all the latest tech you'd expect. Sat, 18 May 2013 02:43:00 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Gary Schwartz http://www.mobilemag.com/2011/05/26/google-wallet-app/#comment-46726 Gary Schwartz Fri, 27 May 2011 13:42:00 +0000 http://www.mobilemag.com/?p=117669#comment-46726 Firstdata ran successful trails with Bart years ago in San Fran.For mainstream NFC adoption with an agreed consortium of players is most likely 5 years away in the US. Retail needs to pay to retrofit.The interchange fee will increase. And even after 5 years consumer adoption will be slow because of security concerns and fraudster hype. (Real or not consumer confidence is a big issue.) NFC will be limited to tap and go at transit for a long time.Until then as we left with Visa's tethered one-click payment will be the mobile standard for e-com and bricks and mortar with increasing adoption of m-affinity, coupons and virtual prepaid redemption.Gary Schwartz - (Impact Mobile CEO & MEF Chair) Firstdata ran successful trails with Bart years ago in San Fran.For mainstream NFC adoption with an agreed consortium of players is most likely 5 years away in the US. Retail needs to pay to retrofit.The interchange fee will increase. And even after 5 years consumer adoption will be slow because of security concerns and fraudster hype. (Real or not consumer confidence is a big issue.) NFC will be limited to tap and go at transit for a long time.Until then as we left with Visa’s tethered one-click payment will be the mobile standard for e-com and bricks and mortar with increasing adoption of m-affinity, coupons and virtual prepaid redemption.Gary Schwartz – (Impact Mobile CEO & MEF Chair)

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