If your wallet isn't your phone yet, it will soon be.
There are apps that allow a person to make purchases using their phone instead of handling cash or a credit or debit card. Master Card, Visa, Pay Pal, Samsung and NFC have set up or are in the process of setting up a way for consumers to make purchases just by using their phone.
The NFC (Near Field Communication) began testing its Isis payment system mid October of 2012. However, Isis is not yet popular among Verison, AT&T, and T-Mobile users. During the testing of Isis, it was Verison, AT&T, and T-Mobile Phones that where enabled with the Isis program.
The use of Isis allowed consumers to make purchases in store just by tapping their phone against a kiosk; thus no need to take out their wallet or handle cash.
MasterPass is the name of Master Card's payment app. It simplifies the way you'd make a purchase, especially online. Instead of having to enter contact information you'd be given the option of selecting MasterPass and entering your password associated with your MasterPass app or account.
Recently there has been a partnership with Visa and ROAM, a point of sale company. Visa's payment system would be called Visa ready. Until Visa Ready is actually ready to be used in stores, they would've already set up how purchases can be made because with ROAM phones can bu turned into check-out counters.
If you're a Hulu user you may have been given the option of choosing a PayPal ad that is most relevant to you. The payment system for PayPal is called PayPal Here. This app has already been available to the US since last year, and if you like in Europe it's available to you now. PayPal Here can be used with apps on Android and iPhones and it allows you to make payments from your PayPal Wallet (if you have one), cash, checks, or credit cards.
Which have you been using more to make purchases, your actual wallet or your phone?
For now, I'm sticking with my actual wallet!
Source:
There are apps that allow a person to make purchases using their phone instead of handling cash or a credit or debit card. Master Card, Visa, Pay Pal, Samsung and NFC have set up or are in the process of setting up a way for consumers to make purchases just by using their phone.
The NFC (Near Field Communication) began testing its Isis payment system mid October of 2012. However, Isis is not yet popular among Verison, AT&T, and T-Mobile users. During the testing of Isis, it was Verison, AT&T, and T-Mobile Phones that where enabled with the Isis program.
The use of Isis allowed consumers to make purchases in store just by tapping their phone against a kiosk; thus no need to take out their wallet or handle cash.
MasterPass is the name of Master Card's payment app. It simplifies the way you'd make a purchase, especially online. Instead of having to enter contact information you'd be given the option of selecting MasterPass and entering your password associated with your MasterPass app or account.
Recently there has been a partnership with Visa and ROAM, a point of sale company. Visa's payment system would be called Visa ready. Until Visa Ready is actually ready to be used in stores, they would've already set up how purchases can be made because with ROAM phones can bu turned into check-out counters.
If you're a Hulu user you may have been given the option of choosing a PayPal ad that is most relevant to you. The payment system for PayPal is called PayPal Here. This app has already been available to the US since last year, and if you like in Europe it's available to you now. PayPal Here can be used with apps on Android and iPhones and it allows you to make payments from your PayPal Wallet (if you have one), cash, checks, or credit cards.
How PayPal Here works:
Which have you been using more to make purchases, your actual wallet or your phone?
For now, I'm sticking with my actual wallet!
Source:
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