Credit Cards replaced Paper Money now Phones replace Credit Cards :) (iPhone, communications)

[rgomez912]

The Next iPhone and iPad May Include NFC for Wallet-Replacing Mobile Payments | Popular Science


Now you just place your phone next to a key pad and bam, transaction done, have a nice day

Near-field communications, or NFC, is one of the more promising up-and-coming technologies in the mobile world. In the near future, we'll be able to make secure mobile payments or send files over a short distance with our phones

[Lancet71]

Sorry but WRONG. The word is ALTERNATIVE. I still see paper money and that probably will never change. If you would have said cassette or vhs tapes then maybe I would have agreed.

[Gantz]

1. This is not a new technology whatsoever. They have this in Japan for at least 5 years now I think.
2. It will not replace credit cards.