By guest author Nalini Kumar Muppala Wallets and key chains appear to be next on the list for convergence as the smartphone juggernaut rolls on. Near field communication (NFC) is the technology that promises to enable this. The promise and allure of NFC in phones are to not just make the wallet leaner and the
By guest author Nalini Kumar Muppala Retailers such as Target have recently started accepting coupons from smartphones. However, in much of the Western world one still has to make in-store electronic payments with a plastic card. Consumers in advanced mobile markets such as Japan and South Korea routinely pay using their phones.