So what do business travelers think about “wave and go” technology? Are contactless payment systems the “wave” of the future?
For the moment, it depends upon where you live, where you travel, what kind of card you have, and how much you spend. I seem to wave at a lot of my money as it “travels” on its merry way. Not sure if I need yet another way to make spending more impulsive and payments even faster.
++ Lake District hotel one of the first to employ ‘wave and go’ technology
According to analyst firm Berg Insight, the global installed base of NFC-ready point-of-sale terminals are expected to grow to 43.4 million units in 2017.
NFC: “near field communication”
Here’s what American Express has to offer…”Expresspay” and how it works. And how do you find out if your card is ready to wave and go?
One of my first concerns is always security and per usual with convenience comes risk…
Are ‘contactless card’ payments safe?
Look for an announcement this week from Isis – a joint venture from AT&T, Verizon, and T-Mobile, introducing mobile payment capability via the new Isis Mobile Wallet in the first two markets of Austin, Texas, and Salt Lake City, Utah.