I want my NFC!
| Unless you have one of the latest smart phones you won’t be able to cash out at your local store with mobile payment apps from Apple and Google. It’s because your device has to be equipped with a Near Field Communication (NFC) antenna or chip so it can communicate with the NFC pay terminals. Then you need a participating bank card to add to your mobile payment app. Finally you must be purchasing from a participating merchant.
Apple Pay is available on iPhone 6, iPhone 6 plus. It will be included with the Apple Watch which is coming in early 2015. These are NFC equipped devices.
Apple Pay is super easy to use. You simply hold your phone up to an NFC terminal, and then press your finger on the Touch ID sensor. You don’t even need to unlock your phone.
Google Wallet has been around for some time but doesn’t seem to have really taken off. Google and MasterCard have developed PayPass and Tap and Pay. “Paying with a tap on Google Wallet? Priceless”. To see if your Android Phone has the NFC capability check this list here at www.nfcworld.com
Google Wallet offers some additional features like Send Money, Gift Cards and Loyalty Cards. Once again we see the short list of participating merchants for the Gift Cards and Loyalty Cards but I do use many of them; Regal Entertainment Group, Best Buy, Old Navy and more. Funny thing… if you still want to pull a card out of your wallet try the free Google Wallet card, yes it does exist.