A post relating to this item from Finextra:
21 May 2008 | 8295 views | 0
Just one per cent of UK adults use their mobile phones to conduct banking, bill payments or shopping transactions, according to research commissioned by IT services firm Unisys which found that a heft...
It makes you wonder if we're all following a bit of a red herring with mobile phone payments and banking ?
There seems to be so much money being poured into the solutions, but not enough 'Pervasive Relations' (http://www.thoughtden.co.uk/blog/2008/01/28/pr-pervasive-relations/) to back up people's security fears and knowledge.
Is it going to turn into another disaster like the 3g video calling, which led to billions of pounds being pumped into a service which never took off? Another fantastisy that just isn't practical?
Personnaly, dispate all this current dis-belief, I believe it's all very close to getting uber fantastic, and with regards to both these spankingly clever ideas.
The phone right now is a device clearly on the edge of a new era, with touch screen, wireless, Android (http://code.google.com/android/ - watch the vids) all making a break into the portable market.
These special technologies and keen interest by Google is going to turn the 'phone' much more into a 'phone wallet' type device. Paired with the fact all our real non-virtual money is quickly becoming digital, is it not just the natural step that my two
pocket buddies join (That's my Pound coins & Phone, cheeky)?
As Dan Harple the Netscape man said, "It's about waiting for that perfect pitch, then smacking it outta the park"
Maybe the perfect pitch is next up & these guys are already set-up...
Thought Dan : http://www.thoughtden.co.uk
Related post - http://www.thoughtden.co.uk/blog/2008/05/12/what-thought-den-are-reading/ - Money in your mobile