Many expected NFC to be baked into the iPhone 4S. Those same people are anticipating an NFC-enabled iPhone5. I was one of those people but am starting to think differently after triangulating this most recent move with other things Apple has done over the past decade.
More than half of citizens of the developing world are cell phone subscribers, reports the U.N. These are people who could have access to financial services for the first time thanks to mobile payments.
The idea that we might someday use our mobile phones to pay for some things offline makes sense. And merging the mobile and wallet into one thing to carry around seems like a smart idea. But getting there is going to be a challenge.
Given the extent to which we rely on mobile phones for shopping, access to email and contact lists, even e-commerce and banking accounts -- a stolen phone would seem to be a horrible fate. Except that it is not.
When it comes to online and digital distribution of goods, I'm often confronted with the question of whether consumers are willing to pay for content. It surprises me, on many fronts, that such a question persists -- yet it does.