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Beacon to beam automatic, hands-free mobile payments
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=20104		 Page 1 of 1
Author:  pcernie [ Tue Sep 10, 2013 12:48 pm ]
Post subject:  Beacon to beam automatic, hands-free mobile payments
http://www.techradar.com/news/world-of- ... ts-1179527

:?
Author:  Amnesia10 [ Tue Sep 10, 2013 1:43 pm ]
Post subject:  Re: Beacon to beam automatic, hands-free mobile payments
It might be handy for those that buy low value items regularly such as newspapers and coffee. I do not think I would want automatic check out in the Apple store. :shock:
Author:  jonbwfc [ Tue Sep 10, 2013 1:43 pm ]
Post subject:  Re: Beacon to beam automatic, hands-free mobile payments
Nothing can possibly go wrong with this!
Author:  Amnesia10 [ Tue Sep 10, 2013 1:50 pm ]
Post subject:  Re: Beacon to beam automatic, hands-free mobile payments
jonbwfc wrote:
Nothing can possibly go wrong with this!

I turn off bluetooth because of the security problems that are out there.
Author:  paulzolo [ Tue Sep 10, 2013 2:15 pm ]
Post subject:  Re: Beacon to beam automatic, hands-free mobile payments
Quote:
Users will have the option to set which stores they automatically get checked into (as in your usual morning coffee shop), which ones will have automatic payments and which will require approval for payments.

The notion is that it’s easy, and removes the need to carry around large lumps of cash. I get the distinct impression that the idea of doing away with physical money is the long term goal here.

Anyway, not going near this one. The harder it is to pay for something, the better. It makes you question if you really actually want it.
Author:  l3v1ck [ Tue Sep 10, 2013 2:50 pm ]
Post subject:  Re: Beacon to beam automatic, hands-free mobile payments
I'm not interested in security free electronic transactions. I don't want a system where money can be taken out of my account without me entering a pin number first.
Author:  Amnesia10 [ Tue Sep 10, 2013 2:55 pm ]
Post subject:  Re: Beacon to beam automatic, hands-free mobile payments
paulzolo wrote:
Quote:
Users will have the option to set which stores they automatically get checked into (as in your usual morning coffee shop), which ones will have automatic payments and which will require approval for payments.

The notion is that it’s easy, and removes the need to carry around large lumps of cash. I get the distinct impression that the idea of doing away with physical money is the long term goal here.

Anyway, not going near this one. The harder it is to pay for something, the better. It makes you question if you really actually want it.

Governments would love to be able to get rid of physical notes. Apart from the risks of theft and cost of producing it makes a bank bail in much easier to impose on everyone.
Author:  pcernie [ Tue Sep 10, 2013 2:58 pm ]
Post subject:  Re: Beacon to beam automatic, hands-free mobile payments
Won't anyone think of the drug trade!?
Author:  Amnesia10 [ Tue Sep 10, 2013 3:41 pm ]
Post subject:  Re: Beacon to beam automatic, hands-free mobile payments
pcernie wrote:
Won't anyone think of the drug trade!?

Well there will be cheap bank notes for snorting drugs available on eBay. Though will they be reclassified as drug paraphenalia now? ;)

Also big drug dealers now trade art works as they are more compact that big bundles of cash.
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