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To: Mr.Gogo who wrote (40672)12/17/2010 11:01:10 AM
From: JakeStraw  Respond to of 78667
 
One company that's in the 'sweet spot' of mobile credit cards payments is VeriFone Systems, Inc (PAY).



To: Mr.Gogo who wrote (40672)12/17/2010 4:00:11 PM
From: Shane M  Read Replies (2) | Respond to of 78667
 
Mr. Gogo,

Several of my friends and I were talking about this at lunch the other day. Ages from 30-43 or so. I'm 40. The folks younger than me both wished they could already use it, and were excited that so many of the new phones in developement were planning for this feature. Me (40) and my older friend(43) weren't really as in the loop, but apparently there is buzz in the younger generation and they have no attachment to V/MC cards themselves if the phone will do the trick.

One had seen it work and said you just push a button on your phone when checking out and you're done.

I asked them about the underlying tech/who the companies were and they didn't know if it was the banks, the charge cards, or some other player involved, but the feature itself was highly desirable. They could care less how it was provided as long as it worked. I got the impression most smart phone users will immediately start using it in place of traditional debit/credit transactions as soon as they can.

anyhow, fwiw.