Categories: Mobile

How mobile phones and NFC are becoming the new credit card [Infographic]

As near field communication (NFC) and wireless payment technology is introduced to more and more smartphones, analysts predict that the value of NFC transactions alone by 2014 will approach $50 billion, and will begin to slowly replace the humble credit card.

GPlus has created this nice infographic detailing mobile phone payment growth and the major players currently involved.

How mobile phones are becoming the new credit card

Albizu Garcia

Albizu Garcia is the Co-Founder and CEO of Gain -- a marketing technology company that automates the social media and content publishing workflow for agencies and social media managers, their clients and anyone working in teams.

View Comments

Recent Posts

DARPA ‘Generative Optogenetics (GO)’ seeks to program biology using light, could aid in ‘extended human spaceflight’

Apart from 'extended human spaceflight' for what other purposes could DARPA GO serve? perspective DARPA…

8 hours ago

Competing in the post-gatekeeper era: How the DMA is rewiring platforms, security, and market access

The Digital Markets Act (DMA) has joined the General Data Protection Regulation (GDPR) as one…

3 days ago

Horasis India Meeting to Spotlight India’s Global Ascent At Singapore Summit This Month

Amid several years of shifting global dynamics, it’s become increasingly clear that we are entering…

4 days ago

AI scams targeting businesses are surging: Here are the top 3 threats your team is likely to face in 2026 (Brains Byte Back Podcast)

Imagine a company interviewing a candidate for a senior IT role. The résumé checks out,…

5 days ago

AI Won’t Scale in Advertising Until Trust Does: How to Identify AI Tools That Deliver Quality Security and Expertise

At the start of the year, data suggested that only about a third of agencies,…

5 days ago

What It Means When Algorithms Say “I”: Toward a Theory of Digital Subjectivity

Picture an AI assistant you have worked with for the past five years. It knows…

5 days ago