Credit Cards for the Future | Mobile Credit Cards
Now Simple credit cards are going to become the past thing because of the popularity of payment via mobile credit card. AS per Finance of Yahoo, the total values of good and service and the utilities bills paid by the mobile device annually reached US$202 billion in the year 2012 and it's set to extend to US $410 billion current year in 2013. The companies of mobile phones, organizations, technology and companies of credit card have already began to generate a growing mobile credit card market.
If we like to confirm that we and our finances are prepare for the future, When comparing the credit card service on the website such as the credit card dot com. We should find for those of payments of credit card which looks to be moveable towards near the field of communication service via our mobile. Networks of Mobile Phone, providers of credit card and the stores are the grouping up to activate near field communication (NFC in Short) with their customers along with special offers and the personalized services. Even then in the early stage of development and the implementation, NFC is set to the revolutionist the way you try for the product in a sop and via our smart-phone.
So as with our credit card, then main motive around the new technology is security of the provided services.
Contactless payment of mobile from the network operator of mobile and credit card companies have been developed and the rigorously tested to confirm the transactions of customer and private data will be protected and the secure. Not only contactless payment will work even if our smart-phone is switched off but it can give great opportunity for us to save our money. The Smart-phone app is PIN protected and allow user to easily monitor the payment they have made as well as access their accounts information s through the app and therefore confirming the top most security. |
| Credit Cards for the Future Mobile Credit Cards |
By the way, If we do not use fancy mobile credit card system then there are other mobiles payments technology available for the consumer to use via their mobile devices. Several payment platforms of mobile let the customer send the money to the seller via money transfer application or alternatively have direct carrier billing option that add the cost of the buy to the customer's bill of phone. With the Applications of Smart-phone increasing in their service & functionality, we will be able to accept privately and user specific offer depend on our loyalty and the info gathered on our spending activities. For Good Example – Google Wallet – It allow the customer to save credit card and loyalty card information on a virtual wallet and ten use NFC activated devices at the terminal in a shop in order to payment for any product.
So this is the way which generally pay for the products has marked and changed in the last decade. Cash paying is no longer can live or the king for payment with a falling amount of customers using the cheques or cash for purchases. Instead of it new form of payment have come in the light due to the popularity of smart-phone increase and tablets along with the rapid growth in the mobile commerce market. Whether choosing to pay via an apps, with a mobile friendly web payment or the soon to be popular NFC activated smart-phone, we soon may be capable to leave our wallet or the purse at home and need not to worry about that. Because the thing of past like credit card is definitely not possible and rather soon at that with all our payment being made through a smart-phone due to the easy of the use, quick payment ways and unique offer that it has over the merchantable credit card.
So the future of credit card is one that look set to the develop and brought forward to the world of technology of mobiles. Add to the consumers satisfactions and increasing the easy to access and control of their finance.
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