Skip to main content

Futurist Michael McQueen on everyday items that won’t exist soon

xxx

While credit card use was already declining thanks to technology like Apple Pay, Mr McQueen said even that will soon be replaced. He said Square’s Pay By Name system, which detects when a known mobile phone is in range, identifies the buyer, and displays his or her face on a screen so that the person behind the register can simply tap the picture to complete the transaction, was the way of the future. But he said mobiles would also be removed from the equation soon, in favour of biometric technology which will recognise our voices, fingerprints or retinas as we walk into a store, which will kickstart the automation process.

From Futurist Michael McQueen on everyday items that won’t exist soon.

xxx

Comments

Post a Comment

Popular posts from this blog

Euro area card payments double in a decade

xxx "The number of card payments in the euro area have more than doubled in a decade as consumers increasingly dispense with the hassle of carrying notes and coins, according to the latest statistics from the European Central Bank. In 2018, card payments accounted for almost half of the total number of non-cash payments across the single-currency area. Credit transfers and direct debits were the second and third most common non-cash payment methods, accounting for approximately 23% each, while e-money and cheques together made up around seven percent. However, the relative popularity of each type of payment service still varies widely across euro area countries. In 2018 card payments accounted for just over 70% of all non‑cash payments in Portugal, compared with around 23% in Germany. The stats show that the number of card payments made by consumers and businesses has more than doubled in the last decade, with an average of 121 card payments per capita in 2018, compared with
Post a Comment
Read more