Like Google, Microsoft Planning Mobile Payment via Phones
Microsoft is said to be working on a new version of its Windows Phone software that will allow users make payments by waving their phones at a checkout counter, reports Bloomberg, citing two sources close to the matter.
The plan echoes Google’s own to use near-field communications technology in its Android phones, and in doing so, Microsoft hopes to play catch up in the smartphone market, according to Bloomberg.
The first devices with such technology may be released as early as this year, Bloomberg said.
Mobile payments is expected to be used in up to US$245 million in transactions in 2014, up from US$32 billion last year, according to Gartner figures. Devices shipped with the technology is also expected to double in 2012 from 35 million units in 2010, ABI Research estimated.
[via Bloomberg]
The plan echoes Google’s own to use near-field communications technology in its Android phones, and in doing so, Microsoft hopes to play catch up in the smartphone market, according to Bloomberg.
The first devices with such technology may be released as early as this year, Bloomberg said.
Mobile payments is expected to be used in up to US$245 million in transactions in 2014, up from US$32 billion last year, according to Gartner figures. Devices shipped with the technology is also expected to double in 2012 from 35 million units in 2010, ABI Research estimated.
[via Bloomberg]
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