Friday, September 3, 2010

Can Smartphones Replace Credit Cards?

Forrester Research says one big question remains for transaction providers eager to equip smartphones with payment features. But are consumers ready to ditch their plastic?

According to Forrester analyst Emmet Higdon, the test is less one of the technology involved, but the user interface and whether or not 'consumers' current love affair with smartphones is enough to change card payment behaviors that date back more than 50 years.

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Neither "AI Bubble Burst" Nor "Enterprise Software is Dead" Extremes Seem Likely

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