In today’s episode of B2B Vault: The Payment Technology Podcast, Allen & Justin discuss The Future Of Credit Card Machines & How We Make Payments. What is the future of credit card machines? It looks like they are on the way out.
What is happening?
- QR CODE Payments
- Text Payments
- Tap or Scan NFC – Near-Field Communication
- Pay by tapping your phone onto another phone
- Apple & Google – are both working on tap to phone
- Other Fintech companies are also working on these solutions
It will work more like Star Trek when you are paying for a transaction in the future. Your phone will be the payment device of the future.
We dive into this subject – and talk about the technological advances that are moving faster than a speeding bullet. So watch out for these new solutions – they will be launched soon!
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We are quickly approaching our 100th episode watch for the announcement.
Carpe Diem – Seize The Day
Allen & Justin