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.
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.
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.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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