Smartphone Credit Cards?
We’ve talked about Apps and the importance of smart phones in today’s world and this will just solidify the smart phone as a consumer necessity. Bloomberg has reported that all major credit card companies are working on a way for consumers to authorize a payment at checkout via their smart phone. No more cards to carry around, no need for cash, just send a signal to the payment device and you are on your way. I’m all about having less things in my pockets and I know you ladies could stand a little more room in those Coach bags. We’ll see what comes of it in the future, there are still plenty of issues to work out with privacy, credit, and federal regulations but it’s definitely a step in a brand new direction.