Will Customers Pay By Swiping Smartphones, Not Credit Cards?

[goodgirlsguide]

and when someone steals your phone they can yu up your credit card without even knowing a code - they just tap that phone of yours and you py it for them - you haven't even got a phone to call your credit card copany to block it.

In addition, your every movey, spend and behavioural patterns are being monitored and analysed. tracked everywhere you go...

[mumandtwins]

not a very good idea, phones get lost or stolen and in Australia there is a push to make cars completely mobile free zones so I doubt too many people would be carrying their phones with them. Also a credit card is much smaller than a mobile phone. so guess my answer to this is No Way would I use it

[aurora990]

this will bring false sense of security. technology is a double-edge sword. use technology wisely.

[Katfellow]

People's phones get stolen all the time. Seems like a good way to make nice people easier victims.

[1stSuperChannel]

Never heard of that. sounds interesting. I carry my cell phone around everyplace I go but never my wallet. I doubt I would do that though, too many hospital bills to pay now since having surgery and everything else that I am going though with chemo and radiation treatments coming up.

[jonathanbarnesjr]

"@ all of the nay-sayers" How about keep track of your phone because you know how important it is not to lose it!? I mean come on, I haven't lost a phone once since I was 18...it's not that hard people. I think what you really have an issue with is change. Get over it.

[MustafasManualFX]

BULLSHIT.

[Budda0420]

if your phone is gone. then how can you call to deactivate the card? this is so dumb. we Americans are so fucking lazy

[bibipink4eva]

@Budda0420 i agree!

[mumandtwins]

@Budda0420 big business and banks etc know that some people are extremely lazy or pushed for time, and some people are stupid enough to fall for hairbrained schemes like that.

[MrSuspicous01]

Someone steals your phone there goes your money!

[OhFishyFish]

Loose your phone, loose your money. Fantastic!