Five Mobile Payment Companies to Watch in 2014

Share  
1  |  2  |  3  |  4  |  5  |  6  |  7
Previous Next

Click through for five mobile payment companies to keep an eye on in 2014.

Topics : In Their Own Words: The Four Dark Horses for the Third Major Mobile OS Speak, HTC, Mobile Search, 3G, Location-Based Services

A few years ago, the vision of mobile payment systems hinged on near-field communications (NFC) technology, which promised secure storage of credit card data on a chip. It was hoped that electronics companies would be eager to incorporate such chips into mobile devices, but most weren’t interested.


In addition to NFC technology that is slowly finding its way into mainstream use, today’s mobile payment platforms rely on several new technologies, each of which poses interesting prospects for the future of retail shopping.

Most new versions of the electronic wallet, or eWallet, involve some type of mobile application on a mobile device — most likely a smartphone, since it seems almost everyone today has one. Each eWallet uses a different system by which it secures card and payment information, which can be accessed via an app on a smartphone.

Google Wallet and Isis still rely on NFC, which is available on only certain smartphones, and are supported in only a few establishments through a machine that reads your card information on the imbedded chip. These two forms of mobile payment are currently in use in a very small number of stores in the U.S.

Although the technology may be in its infancy and many stores have yet to adopt it into mainstream use, mobile payment technology will surely become the future of shopping. Here are a few companies that currently provide the technology and should be ahead of the game once mobile payment technology really takes off in the retail market.

 

More Slideshows

AndroidOrganization0x Ten Free Android Apps to Organize Your Life

Tired of missing deadlines, losing notes, or running late for meetings? It's time to put the power of mobile to work for you, especially for your peace of mind. ...  More >>

Misc39-190x128 Twenty-Five Back-to-School Gadgets You May Just Want for Yourself

While it may seem the kids are loading up on the cool toys, never fear. Many of these gadgets and gizmos are equally fun and intriguing for the adults. ...  More >>

OfficeGadgets0x Fifteen Hot Gadgets to Spice up Your Office

From lighting to keyboards to USB hubs, many of these gadgets not only add individual flare but aid in productivity. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.