Apple's Mobile Payments Revolution May Have To Wait Another Year

businessinsider.com

3 points·hoag··7 comments

Thinkcomp: I am happy for you, then, and wish you the best, f course. However, I must agree with Oliver and echo his sentiments precisely. NFC should be here now. And if there's any company to bring NFC to mass adoption, it is Apple.

Thanks for the well wishes. NFC isn't really any more convenient than what we're offering via barcodes though. The way in which the device is scanned doesn't matter as much as the software on the device and what you can do with it.

Although I think a pre-installed Apple option on an iPhone would prove mega popular, I'm also rooting for FaceCash.

You can count on something being pre-installed eventually. The goal for us is to be that something.

In the meantime, if you find yourself looking at an identity verification fee for sign up on our site, make sure to use a non-GMail/Hotmail/AOL etc. domain name or send me an e-mail first at aarong at thinkcomputer dot com if you don't have any other option than a free e-mail address.

Thanks, will do. It'd be interesting to hear your opinion on whether Apple pre-installing their own solution would have a positive or negative effect on FaceCash (increased awareness/huge competitor). Either way, keep up the good work!

A shame, if true. Apple (maybe to a lesser extent, Google too) is the only company who could get mass adoption of NFC in a timely and intuitive fashion.

Carrying wallets around feels so retro, considering we have the technology to solve this already in our pockets.

I can confirm that this is true: the iPhone 5 will not have NFC built in. It's very good news for our startup, even though we'll use it on other platforms as soon as we can.

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