NFC beyond mobile payments

There has been talk for a long time that mobile payment is the next big thing and that it’s going to take over the other three channels of payment (cash, credit and check) very soon. However, the adoption hasn’t been as rapid or revolutionary as many thought. Some of the reasons include lack of consumer education, reluctance for change and high cost of infrastructure. But the big factor to me is how it failed to address a key consumer issue – better consumer experience.

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