Most payments will probably be made with apps in phones or smartwatches in less than a decade from now, using NFC, biometrics or other mechanisms that don\u2019t involve swiping or using plastic cards.<\/p>\n
If your mobile device has an integrated NFC chip, you can use a mobile wallet app like Apple Pay and Android Pay to pay for items that support NFC transactions at a retail store. Simply wave your device near an NFC compatible terminal to pay, no card swiping required.<\/p>\n
Both Apple Pay and Android Pay have fingerprint scanners on phones, you can enable payments with just a fingerprint scan.<\/p>\n
In some countries, it\u2019s easy for consumers to get credit cards with imbedded NFC chips. This means that you may be able to wave your card at the terminal instead of swiping, no phone required. In America, though, because NFC hasn\u2019t caught on until recently, analysts expect that NFC via smartphone and smartwatch services such as Apple Pay and Android Pay will dominate contactless transactions in the next few years.<\/p>\n
Just as credit cards replaced cash, credit cards will be replaced by digital payments which will continue to rely on the credit infrastructure but will obscure the plastic card itself.<\/p>\n
As consumers, we love to see better products. When it comes to payments, we need Standards and Reliability.<\/strong><\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Most payments will probably be made with apps in phones or smartwatches in less than a decade from now, using<\/p>\n