The future, as they say, is now. Equipped with a Google (NASDAQ: GOOG ) smartphone in your pocket and a MasterCard (NYSE: MA ) enabled cash register at your favorite store, you can purchase your weekly groceries without opening your wallet.
Of course, it won't work if you, like me, use an Apple (NASDAQ: AAPL ) iPhone. Or if your grocery store hasn't upgraded its point-of-sales system to accept these payments via near field communication, or NFC.
According to Brandon Workman, a mobile industry expert and writer, this is exactly the reason that NFC is dead on arrival. In the video below, I interview Brandon to get his assessment of the market's reception to NFC, and also to find out exactly what it will take for this tech to make it into the mainstream.
The fight for your wallet is quietly waging in your living room, too
Television, like payments, is on the verge of a transformation. The companies that prevail in this epic disruption could go on to earn their shareholders untold sums of money. And the companies that lose could very well end up in bankruptcy court within a matter of years. With this in mind, our top technology analysts created a groundbreaking free report that sorts out the likely winners from the losers. In doing so, they reveal the handful of companies that are best positioned to make their shareholders exceptionally rich over the next few decades. To download this invaluable free report before the rest of the market catches on, simply click here now.
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