Forgot your wallet? It soon may be a non-issue in regard to payments, according to a recent commentary from the San Francisco Chronicle.
Dot.Commentary author James Temple recently tested the iPhone’s Card Case app and detailed the experience of walking into a coffee shop without having to pull out his wallet or phone.
“Done right, mobile payments can accelerate the monetary exchange, while streamlining the issuance, acceptance and storage of receipts, coupons and loyalty cards,” said Temple. “Down the road – once consumer and retail use reaches critical mass – the hope is that people will be able to leave their wallets at home altogether.”
However, Temple acknowledges the challenges in getting consumers on board with the notion of mobile payments. He notes: “Customers won’t start using mobile payments in great numbers until they’re accepted in great numbers.”
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