Let it be known that I am not a fan of bolt-on’s to mobile phone – of any sort.
But especially those related to mobile payments. This include the use of stickers. They all represent early market masquerades of commercial deployments.
That said, the most elegant of the payment add on dongles is the iCarte made by Wireless Dynamics:
It looks nice snapped into an iPhone. And In addition to NFC, the iCarte includes support for multiple RFID protocol read and write functions so that RFID tag information can be read and written by the iCarte and then communicated in real-time to enterprise databases through the iPhone’s Wi-Fi or 3G connections.
Visa begins iPhone ‘iWallet’ payment tests in Europe
iPhone users seem the right place to start, with Visa’s survey of 4,200 people in four European countries confirming 57 percent of iPhone userrs would ‘definetely’ or ‘probably’ use Visa’s mobile payment system on their device.
Barclaycard and Barclays Bank cardholders in the UK this year made over a million contactless transactions, 150,000 of these in September
The number of terminals has gone from 25,000 at the beginning of 2010, to 42,500 today.”
In the UK it is estimated that consumers make 27 billion cash transactions a year, worth a total of Â£250 billion. Over 80 percent are for purchases of less than Â£10.