Beyond Google Wallet: A Look at the Competition - parkerowle1997

Google Wallet is finally here, allowing Dash Link S users to salary with their smartphones at select retailers in New York and San Francisco.

The launch makes Google Billfold the first major NFC mobile defrayment system to be embedded in a smartphone in the Unitary States, but it sure as shooting won't equal the last. Other smartphone makers, wireless carriers, and credit card companies are looking to launch their own mobile defrayal services, scene up a accomplishable showdown o'er who gets to handle your retail transactions.

Here's a look at who else wants to enter upon along the NFC craze:

Isis

Isis is the name for an alliance 'tween AT&T, T-Mobile, and Verizon Wireless, announced 10 months ago. In August, an Isis spokesman told Bloomberg that the service is on track for a mid-2012 launch, but wouldn't comment connected a rumor that carriers had invested $100 million dollars in the shared stake. The alliance is straight off soliciting merchants to install defrayment terminals that will take up payments from Visa, Mastercard, Discover and Ground Express. Isis hasn't announced any taxonomic group smartphones that will support the service.

Visa

The accredit card giant has been taking baby steps toward NFC payments with its payWave system, which previously allowed contactless smartphone payments through with a special microSD card or a audible iPhone case. (Transit riders in New York and New Jersey can already try this organisation out.) Today, Visa announced that payWave will work with Google Billfold, simply the society has big ambitions. At long las, Visa wants its organization to puzzle out with any smartphone, any wireless carrier, and any fiscal insane asylum.

Malus pumila iWallet

The on-again, off-once more rumors of NFC payment capabilities in the Apple's next iPhone hold been floating around since Jan, but solid details are hard to find. If the iPhone 5 supports mobile payments, it testament for sure shift the NFC business into overdrive. Atomic number 3 it stands, we don't even know when the iPhone 5 will set in motion.

RIM NFC and Windows Phone rumors

Research in Motion and Microsoft have plans for NFC that are faint at best. Flange's latest Blackberry Bold is NFC-equipped, but carriers are reportedly blocking the capabilities with software package. Microsoft was reported to be working on NFC for Windows Phones earlier this year, just the company hasn't announced whatsoever details still.

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