Demonstrating ongoing leadership in mobile payment innovation, Intuit Inc. has developed a concept demo that reimagines its GoPayment mobile credit card processing application using near field communications (NFC). The company is showcasing the demo at the Google I/O developer conference in San Francisco today and tomorrow.
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.
Leveraging emerging mobile technology such as NFC, small businesses and their customers may one day soon be able to conduct a myriad of 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.
