Intuit is giving attendees at this week’s Google I/O conference a taste of the future –and that future involves making payments by simply bumping two smartphones together.
Intuit’s Payment Solutions division has developed a concept demo that reimagines its GoPayment mobile credit card processing application using near field communications, or NFC. The company is showcasing the demo at the Google I/O developer conference in San Francisco today and tomorrow.
“With GoPayment we are exploring every avenue for innovation that best meets our customers’ needs, and this includes technologies such as NFC that are still in the early stages of adoption,” said Chris Hylen, vice president and general manager of Intuit’s Payment Solutions division. “Innovation is happening rapidly in the mobile payment space, and we want to be ready to help the millions of small businesses and consumers we serve benefit from the latest technology.”
Built on Google’s Android mobile platform and using NFC technology with Nexus S by Google, Intuit has transformed its existing GoPayment mobile credit card processing application into one that transfers credit card data via radio waves, eliminating the need for the actual card or any add-on card reader hardware. Using emerging mobile technology such as NFC, small businesses and their customers may one day be able to conduct daily tasks on their mobile devices — including paying and getting paid — faster, easier and more securely. All they will need is their mobile device and nothing else. Check out this video to see it in action:
*originally posted on the Intuit Network
About John Parkin