Cell phones tied to credit cards could become more prevalent
05 January, 2009
category: Contactless, Financial, NFC
Creditcards.com, a Web site that bills itself as a credit card marketplace, predicts that mobile payments will further increase in 2009, but cautions that as this area matures, it could prove ripe for thieves. In its “Nine Predictions for Credit Cards in 2009,” the site notes that three million people in the U.S. used mobile banking during a 90-day period in 2008, according to one research firm, which is almost triple the number of people who used it six months before.
Read more here. Go to Prediction No. 9 for its mobile banking analysis.