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Smartphones May Soon Replace Credit Cards

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Sounds like a great concept, but only if it allows for competition. All credit card issuers should be able to use this technology. Not just Discover Card. One standard should exist in order to be able to implement all the necessary security features. If they all come out with their own technology and standards security will quick become a major concern.

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About Oliver Schmid

Experienced IT executive with over 20 years of global experience and demonstrated success in driving IT value, business and IT, reducing overall costs, and quickly executing and delivering business solutions. Member of the International Association of Outsourcing Professionals (IAOP)

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