I would like to continue the discussion from last week regarding tools or uses of a cell phone. I mentioned that I would look into RFID technology that allows users equipped with this technology to make purchases with their cell phone. The technology was introduced in Japan in 2004. Since then several million users have adopted/incorporated this technology into their daily existence. Thus far, in Japan, most RFID equipped patrons utilize this tool for making small purchases, movie tickets, bus and train fares, fast food, convenience store purchases and the like.
Despite Japan’s rapid adoption of new technology, there have been issues. Namely, critics say, is the need to have cash for a large portion of their purchases. Japan is still a cash driven society. (Unlike the US where we can purchase just about anything with a credit/debit card) Also, special RFID terminals are needed by businesses to allow patrons utilization of this technology. Therefore, until Japan adopts a more electronic friendly purchasing practices and until more businesses install the required terminals, this technology may take some time to diffuse into Japanese culture.
I like the sound of this technology. But, how safe is it? If someone got my cell phone could they potentially empty my checking account? Or charge thousands of dollars to my credit card? Are we as Americans ready for this type of technology? Is this useful?
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I'm not sure, this is one technology that I feel resistant toward it. Do you have to pay more on your plan to use this type of service? And I don't think if this caught on and lets say was the only way to pay for goods that it would be useful at all. Think about the older generations (aka my mom) who can't seem to figure out how to call someone on their cell phone (even though I have patiently taught her at least 800 times). How are they to learn this new way of a payment method? And I would also worry about safety. If they can hack into Paris Hilton's cell phone and get all her celebrity numbers than what is there to stop people from trying to hack into cell phones and make payments methods on another persons account?
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