Home | Community | Message Board

NorthSpore.com BOOMR Bag!
This site includes paid links. Please support our sponsors.


Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Shop: Original Sensible Seeds Autoflowering Cannabis Seeds, Bulk Cannabis Seeds   PhytoExtractum Kratom Powder for Sale   Bridgetown Botanicals CBD Concentrates

Jump to first unread post Pages: 1
Invisibledr_gonz
Registered: 08/18/03
Posts: 44,654
.
    #13494279 - 11/16/10 05:56 PM (13 years, 3 months ago)

.

Extras: Filter Print Post Top
InvisibleChinChiller
Male


Registered: 07/03/10
Posts: 3,270
Re: You may be able to pay with your phone soon [Re: dr_gonz]
    #13494301 - 11/16/10 05:59 PM (13 years, 3 months ago)

Yeah just the other day I saw a pizza place advertising this, thought it was a good idea.

Extras: Filter Print Post Top
Invisiblebadchad
Mad Scientist

Registered: 03/02/05
Posts: 13,374
Re: You may be able to pay with your phone soon [Re: dr_gonz]
    #13494584 - 11/16/10 06:41 PM (13 years, 3 months ago)

Awesome.

My credit card has the little chip in it for instant purchases.  Doesn't even need to be swiped in a lot of stores.


--------------------
...the whole experience is (and is as) a profound piece of knowledge.  It is an indellible experience; it is forever known.  I have known myself in a way I doubt I would have ever occurred except as it did.

Smith, P.  Bull. Menninger Clinic (1959) 23:20-27; p. 27.

...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely.

Osmond, H.  Annals, NY Acad Science (1957) 66:418-434; p.436

Extras: Filter Print Post Top
InvisibleChinChiller
Male


Registered: 07/03/10
Posts: 3,270
Re: You may be able to pay with your phone soon [Re: badchad]
    #13494589 - 11/16/10 06:43 PM (13 years, 3 months ago)

I wonder how they would prevent fraud with these? A pin code system?

Extras: Filter Print Post Top
Invisibledr_gonz
Registered: 08/18/03
Posts: 44,654
. [Re: badchad]
    #13494590 - 11/16/10 06:44 PM (13 years, 3 months ago)

.

Extras: Filter Print Post Top
InvisibleChinChiller
Male


Registered: 07/03/10
Posts: 3,270
Re: You may be able to pay with your phone soon [Re: dr_gonz]
    #13494607 - 11/16/10 06:47 PM (13 years, 3 months ago)

Quote:

badchad said:
Awesome.

My credit card has the little chip in it for instant purchases.  Doesn't even need to be swiped in a lot of stores.




That sure as hell sucks if it gets stolen

Quote:

dr_gonz said:
how does the credit card chip work? just wave it in front?




Yep

Extras: Filter Print Post Top
Invisiblebadchad
Mad Scientist

Registered: 03/02/05
Posts: 13,374
Re: You may be able to pay with your phone soon [Re: dr_gonz]
    #13494619 - 11/16/10 06:48 PM (13 years, 3 months ago)

Yeah. 

I assume it's RFID.  It needs to be very close.  For all practical purposes, the card needs to touch the reader.  This is only marginally quicker (if at all) than the outdated "swipe"; but the novelty is there.

I carry all my bonus cards on my phone already (grocery store cards, gas cards etc.).  The phone can capture the bar code, and re-display it for scanning.  THAT is actually very handy.  Before I had it, I constantly forgot all my "super saver" and club cards.  Now they are always with me.


--------------------
...the whole experience is (and is as) a profound piece of knowledge.  It is an indellible experience; it is forever known.  I have known myself in a way I doubt I would have ever occurred except as it did.

Smith, P.  Bull. Menninger Clinic (1959) 23:20-27; p. 27.

...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely.

Osmond, H.  Annals, NY Acad Science (1957) 66:418-434; p.436

Extras: Filter Print Post Top
Invisiblebadchad
Mad Scientist

Registered: 03/02/05
Posts: 13,374
Re: You may be able to pay with your phone soon [Re: ChinChiller]
    #13494639 - 11/16/10 06:51 PM (13 years, 3 months ago)

Quote:

Errolscool said:
That sure as hell sucks if it gets stolen





I still need to sign for purchases over a certain amount (maybe $50).  Personally though, I only have two cards, so I would immediately notice if it were gone.


--------------------
...the whole experience is (and is as) a profound piece of knowledge.  It is an indellible experience; it is forever known.  I have known myself in a way I doubt I would have ever occurred except as it did.

Smith, P.  Bull. Menninger Clinic (1959) 23:20-27; p. 27.

...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely.

Osmond, H.  Annals, NY Acad Science (1957) 66:418-434; p.436

Extras: Filter Print Post Top
Invisibledr_gonz
Registered: 08/18/03
Posts: 44,654
. [Re: badchad]
    #13494645 - 11/16/10 06:52 PM (13 years, 3 months ago)

.

Extras: Filter Print Post Top
Invisiblebadchad
Mad Scientist

Registered: 03/02/05
Posts: 13,374
Re: You may be able to pay with your phone soon [Re: dr_gonz]
    #13494695 - 11/16/10 07:01 PM (13 years, 3 months ago)

Quote:

dr_gonz said:
So you just wave the card in front of the same machine that you can swipe the old fashioned way?




Yes.  But it's the "new" and updated way of using your credit card.

Quote:

dr_gonz said:
I always figured the new Verifone credit card machines were equipped with RFID readers.  :thumbup:




Probably.  The RFID reader is at the top of the area you swipe your card into.:smile:


--------------------
...the whole experience is (and is as) a profound piece of knowledge.  It is an indellible experience; it is forever known.  I have known myself in a way I doubt I would have ever occurred except as it did.

Smith, P.  Bull. Menninger Clinic (1959) 23:20-27; p. 27.

...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely.

Osmond, H.  Annals, NY Acad Science (1957) 66:418-434; p.436

Extras: Filter Print Post Top
OfflineNexius
Ruler
Male


Registered: 06/24/07
Posts: 3,960
Loc: Earth Flag
Last seen: 13 years, 25 days
Re: You may be able to pay with your phone soon [Re: dr_gonz]
    #13494712 - 11/16/10 07:06 PM (13 years, 3 months ago)

Quote:

dr_gonz said:
I'm looking forward to when the microchip goes directly into my body, but in the meantime this will do :thumbup:

How does everyone feel about this convenience? Your phone will need the NFC chip.


http://www.msnbc.msn.com/id/40221461/ns/technology_and_science-wireless/?gt1=43001#

You may be able to pay with your phone soon

By Maria Aspan and Sinead Carew

NEW YORK — Three of the top four U.S. mobile service providers — Verizon Wireless, AT&T and T-Mobile USA — are working together to build a network that would let consumers pay for goods with their phones.

Their Isis joint venture, which was formally announced on Tuesday, plans to take market share from dominant payment networks Visa and MasterCard, which currently process most U.S. credit and debit card payments. Sources told Reuters on Monday that an announcement was imminent.

Isis said the network would use Discover Financial Services' national payment network at its roughly 7 million U.S. merchant partners and that Barclaycard U.S., a unit of Barclays Plc is expected to be the first lender on the network to offer mobile payment products.

"We're a competitive alternative" to Visa and MasterCard, Isis CEO Michael Abbott told Reuters in an interview on Tuesday. Abbott, a former GE Capital credit cards executive, was named chief executive of the venture on Tuesday.

Major banks, mobile phone companies and card processing networks are vying to enter the emerging U.S. market for mobile payments, which some say could eventually replace credit and debit cards as a primary means of payment.

The idea behind mobile payments is for consumers to be able to wave their phone at a machine to pay for items such as train tickets, potentially eliminating the need to carry a wallet.

But while such services are popular in places such as Japan, they have been slow to take off in the United States. Only about 150,000 U.S. merchants accept contactless payments, which allow

Watching the competition
After kicking off its service with just Discover and Barclays, Isis plans to become available to other merchants, banks and mobile operators, the company said.

The venture is a coup for Discover, the fourth-place U.S. processing network, which is trying to take market share after long lagging Visa, MasterCard and American Express.

"This is going to be a significant opportunity for us" to gain network volume, Discover payments services head Diane Offereins told Reuters in an interview. She would not provide more specifics about how much business Discover expects to gain from its participation in the venture.

Isis said the venture would introduce its product in certain areas in the next 18 months.

In the meantime, both Visa and MasterCard have been working with major U.S. banks to test their own versions of mobile payments. Visa, which has been testing smart phone payments with Bank of America, JPMorgan Chase & Co and Wells Fargo & Co, plans to make them more widely available to consumers by mid-2011.

Visa executives downplayed the possibility of increased competition from the mobile carriers on Tuesday. But "we're watching it," William Sheedy, Visa president of the Americas, told Reuters in an interview.

Special chip needed
Isis will use a short-range wireless technology known as near-field communication (NFC), which enables an encrypted exchange of information between devices that are placed at a short distance to each other.

Consumers would need to upgrade their phone to a device that has an embedded NFC chip before they could use Isis.

Abbott would not name handset partners for the venture, but he has already had talks with "nearly everybody" and expects the technology eventually to be added to all phones.

He said the large customer base of the three carriers involved in the venture would be essential to its success.

Between them the operators have about 200 million customers, roughly half of which replace their phone in a given year, he said.

"There's a lot of science experiments out there that don't have the scale," he said, referring to the large customer base.

Abbott also said the company would add more banking partners to the venture.

"We fully anticipate we'll have a number of banking partners involved over the next several quarters," he said.

He refused to discuss the ownership structure of the venture or the amount of money each of its partners are investing.





Yeah until that battery fucking leaks, or it shatters under your skin

gg


--------------------
Light travels faster than sound, which is why some people appear bright, until you hear them speak

Extras: Filter Print Post Top
InvisibleDieCommie

Registered: 12/11/03
Posts: 29,258
Re: You may be able to pay with your phone soon [Re: Nexius]
    #13494762 - 11/16/10 07:16 PM (13 years, 3 months ago)

Id take that risk.  :borg:

Extras: Filter Print Post Top
InvisibleShins
Fun guy
Male User Gallery


Registered: 09/15/04
Posts: 16,337
Re: You may be able to pay with your phone soon [Re: DieCommie]
    #13494891 - 11/16/10 07:39 PM (13 years, 3 months ago)

I'll stick with cash TYVM.

If cash is too inconvenient for you you have problems.

There's an app for that?!


--------------------
http://yourlogicalfallacyis.com/

Extras: Filter Print Post Top
InvisibleDieCommie

Registered: 12/11/03
Posts: 29,258
Re: You may be able to pay with your phone soon [Re: Shins]
    #13495188 - 11/16/10 08:35 PM (13 years, 3 months ago)

Its not the time of purchasing.  I budget and account for the money I spend, which is much harder to do with cash.

Extras: Filter Print Post Top
Invisiblememes
Blessed


Folding@home Statistics
Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
Re: You may be able to pay with your phone soon [Re: DieCommie]
    #13495635 - 11/16/10 10:31 PM (13 years, 3 months ago)

they've been doing this in japan for a while.  will make buying drugs easier.

Extras: Filter Print Post Top
InvisibleChinChiller
Male


Registered: 07/03/10
Posts: 3,270
Re: You may be able to pay with your phone soon [Re: memes]
    #13495659 - 11/16/10 10:39 PM (13 years, 3 months ago)

Quote:

meams said:
they've been doing this in japan for a while.  will make buying drugs easier.




Wouldn't it make it harder? How would it make it easier?
What if this credit card company was able to track your movements and give up your location to the government? I think that is kinda shitty. :mindcontrol:

Extras: Filter Print Post Top
Invisiblememes
Blessed


Folding@home Statistics
Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
Re: You may be able to pay with your phone soon [Re: ChinChiller]
    #13495954 - 11/17/10 12:03 AM (13 years, 3 months ago)

come on man.  consumper protection FTW.  additionally, the only people who would be "big" enough to bypass that would be NSA and the likes, adn they wouldn't waste time tracking down me as I purchase my 8th of weed.

You can already send money via your phone if u have ING direct (i think, i dunno, i saw a commercial).

Extras: Filter Print Post Top
InvisibleSpawnRun
Morchella esculenta
Male User Gallery


Registered: 11/12/10
Posts: 301
Loc: Oregon
Re: You may be able to pay with your phone soon [Re: memes]
    #13536203 - 11/24/10 04:11 PM (13 years, 3 months ago)

^^It IS a slippery slope.  They may not be worried about you and your eighth initially, but who's to say they don't down the line?  I don't like it....


--------------------
Clayton Wiseman

Extras: Filter Print Post Top
Jump to top Pages: 1

Shop: Original Sensible Seeds Autoflowering Cannabis Seeds, Bulk Cannabis Seeds   PhytoExtractum Kratom Powder for Sale   Bridgetown Botanicals CBD Concentrates


Similar ThreadsPosterViewsRepliesLast post
* Credit card bait and switch daussaulit 755 4 03/21/11 10:07 AM
by badchad
* STOCKS - An Intro Tutorial & Ongoing Discussion
( 1 2 3 4 ... 291 292 )
geokillsA 297,309 5,822 03/01/24 01:24 PM
by pslyke
* annonymous prepaid credit cards maynardsdick 1,060 9 05/23/11 12:54 PM
by JohnnyConverse
* can someone beat the house with skills?
( 1 2 all )
CLIT 3,452 24 11/30/16 09:15 PM
by finalexplosion
* Another wave of foreclosures Tedwilto 1,614 14 12/27/08 01:28 PM
by LunarEclipse
* pre paid visa cards? BlueIndian 1,600 6 09/26/10 09:15 AM
by Groovy Grant
* Need help choosing a credit card
( 1 2 all )
daba 8,207 29 09/08/18 02:42 PM
by AroundtheSon
* Credit Card Tips
( 1 2 all )
novorua 7,954 39 10/12/05 10:01 PM
by Vvellum

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, automan
1,525 topic views. 0 members, 0 guests and 2 web crawlers are browsing this forum.
[ Show Images Only | Sort by Score | Print Topic ]
Search this thread:

Copyright 1997-2024 Mind Media. Some rights reserved.

Generated in 0.026 seconds spending 0.007 seconds on 14 queries.