Filed in archive
Near Field Communication
by gautam on November 26, 2007
You might pass off nokia 6131 as just another cell phones from the stables of the company and you cannot be even blamed for it since look wise there is not much to talk about it but here is the modified version of Nokia 6131 which would surely make your heads turn not for its looks but its feature.

This is the Nokia 6131 NFC using which you can pay for your financial transactions. The nest time you go to the supermarket all you need to do is bring your handset closer to the reader and make your payments. It certainly offers ease and safety to the cell phone users but what if your phone is stolen since it could be misused as there is no secondary authentication involved but in case this issue is taken care of there would be no looking back for NFC phones in the market.
So has the time come to say goodbye to your plastic? Probably it would be too early to say a firm yes but at the end of the day I can say that the future looks bright for such phones.

This is the Nokia 6131 NFC using which you can pay for your financial transactions. The nest time you go to the supermarket all you need to do is bring your handset closer to the reader and make your payments. It certainly offers ease and safety to the cell phone users but what if your phone is stolen since it could be misused as there is no secondary authentication involved but in case this issue is taken care of there would be no looking back for NFC phones in the market.
So has the time come to say goodbye to your plastic? Probably it would be too early to say a firm yes but at the end of the day I can say that the future looks bright for such phones.
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/103894
Mr Wong
Vote for Nokia 6131 NFC: Can it give credit cards a run for their money?:
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Rating: 10.00 out of 4 vote(s) cast.
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Response from:
Philip
(11/28/07 5:03pm)
An end to the plastic. Only when we figure out how to secure the higher value transaction from the phone. Otherwise we still need a signature and password and the card just makes more sense when that is the method of authentication.
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