Given the recent fiscal cliff and the spending cut countdown, I’m wondering how many of you think this blog will be about our dwindling wallets and discretionary dollars? But alas, not so. This is about the emergence of the electronic wallet or rather the underlying technology that’s making it a reality…
Back in August, Time Magazine ran an article titled, “Bye Bye Wallet” written by Harry McCracken, who bravely spent (or rather attempted to spend) a weekend using nothing more than his Google Wallet. What I liked about this piece (in addition to the humor) was that within the first two paragraphs, he was talking about NFC – near field communication – technology that is enabling this trend.