Amazon exploring Mobile-Payment Service for Handsets

Posted in Amazon by Conner Flynn on March 31st, 2011

Amazon.com is considering the introduction of a service that would let customers pay for goods in brick-and-mortar stores using their mobile phones. This info comes from “two people with knowledge of the project” so we don’t have any confirmation just yet.

This service would use near field communication (NFC) technology, which allows devices to transmit data like payment information, loyalty points and coupons by simply tapping them against special cash registers. It makes sense for Amazon to venture into this field since Microsoft, Apple and Google are said to be planning software, devices or services with NFC themselves. If this does happen it should happen within six months time.

We would all like to be able to check out quickly, so plans like this are always good to hear.

[businessweek]

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