Security measures on mobile wallets may make them a safer option than plastic credit cards. An antenna in the phone sends a short range burst of encrypted radio waves to the “card” reader so that it can read your payment data.
Source: CNN Money
Date: September 12th, 2014
Questions for discussion:
1) Would this technology make you switch from an Android platform to the iPhone platform? Why or why not?
2) What is the current acceptance of this technology by retailers, and how does that affect whether or not you would use this technology?