Pay for your frappalatte with Android

starbucks-android

I’ll admit it, I am a coffee addict. The pot is usually on about as often as it rains here in Vancouver, but from time to time id sure like to treat myself to something special from the barista. No more fumbling change, now too like my iPhone friends, I can pull out an Android smartphone and pay up at the Starbucks before sitting down to write some news.

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Sprint To Compete Against Isis: NFC In 2011, Google Bank?

sprint-nfc

NFC capable devices are ramping up and soon you will be able to wave your mobile at a teller to complete a purchase of goods. Sprint, the third largest wireless carrier in the US, has told Bloomberg they plan to beat AT&T, T-Mobile and Verizon to the NFC game by launching as early as this year.

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Global Mobile Transactions To Reach $1 Trillion by 2014

square-up-visa

Yankee Group, a research firm from Boston, MA, has presented extensive research on the future of mobile usage and mobile transactions. Their research shows that at the conclusion of 2010, total value of global mobile transactions was at $162 billion, and they anticipate that it will be $984 billion by 2014.

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Angry Birds developer creates Bad Piggy Bank in-app payment solution

badpiggy-bank

One of the issues that some people encounter when using Android Market is that they have to use a credit card to buy apps. There’s also a lack of in-app mobile payment solutions, which can take away certain opportunities from the developers to make some extra cash. Rovio, the same folks that brought us Angry Birds, are addressing these concerns with their creation of the Bad Piggy Bank.

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Apple iPhone to replace your entire wallet?

iphone-visa

Apple’s latest acquisition of Benjamin Vigier, a man who specializes in near field communications may be the one of the most brilliant moves the California company has ever made. Catapulting the primarily computer-focused business model of Apple, into the world of financial institutions. The day your smartphone replaces your entire wallet is coming very soon, and the iPhone could be the first to take us there.

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Visa iPhone case to change how we pay

Visa Pay Photo: Tech Crunch http://www.mobilecrunch.com/2010/05/17/visa-officially-announces-their-case-that-turns-your-iphone-into-a-credit-card-and-weve-got-pics/

The history of our monetary system is a long and exciting tale; barter turning to the use of gold in some places, wampum (shell beads) in others. Sixty years ago the first credit card, Diners Club, came into existence. Today almost all North Americans are packing plastic, if not credit then certainly debit. Within the past fifteen years we’ve seen the rise of e-commerce with companies like PayPal, creating economies within economies. So what’s next on our path of monetary madness? Well if you’ve recently been to Japan, or are dating a Japanese lady (recommended) you probably already know the answer: wireless payment via your cell phones.

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