July 23, 2014

Sprint Expected to Launch NFC Payments in 5 Cities May 26th

On May 26th, Google/ Sprint will be enabling NFC (near field communication) in 5 cities, New York, San Francisco, Los Angeles, Chicago, and Washington D.C. The only unfortunate part is that the only device that will work in these new locations is the Sprint Nexus S 4G. If you unfamiliar with NFC, it’s essentially a way to pay and receive coupons straight from your phone. Not like online buying, you take your phone and wave it over a NFC sensor and that replaces your credit/debit card. This technology is great but seems a bit ahead of our products. Some people won’t even use a computer for online banking, let alone have their phone hooked directly to their bank account. We want to hear your thoughts on Sunday – leave a comment below or on our Facebook wall.

Source: Bloomberg