Google Glass. The iWatch. What else? Wearable devices, and the "internet of things" is coming our way. How will this change things?
It is possible wearable devices could become the perfect platform for payments. Replacing the smart phone as the device of choice.
Mobile Commerce Daily has a good write-up on this:
http://www.mobilecommercedaily.com/wearable-devices-might-push-aside-smartphones-for-mobile-payments
Here is a snippet from the article:
As mobile wallets continue to struggle to find adoption through smartphone applications, some are now looking to wearable devices for more efficient and secure payment mechanisms.
With the first native Google Glass payments app coming to market, the wearable device is surfacing as a possible mechanism for mobile payments. However, there are still many challenges that need to be dealt with before the market is totally upended.
Happy Reading,
J.W. Gant
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