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Google's Android simplifying consumer's life....

Created by : Namrata Pathak, Accounts Manager, American Express  | 11 17 2010 06:40:17 +0000
Industry : Consumer DurablesFunctional Area : Gadgets(Personal Interests)
Keywords : consumer customer credit cards mobile payment google android simplifying consumers life
Activity:  429 views;  last activity : 12 19 2010 06:24:05 +0000

Google's forthcoming Android operating system will work with a new chip that allows users to tap their phones on in-store terminals to pay for purchases, Google chief executive Eric Schmidt has revealed.

The technology will use a Near-Field Communication (NFC) chip to securely transmit data from the phone to the retail outlet. NFC chips enable secure wireless data communications over a distance of about 10 centimetres. Customers would be billed through credit accounts. Infact this will be replacing credit cards and the frauds which happens on credit cards.

Will this Mobile payment technology really replace cards in days ahead to come??

  
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yes certainly , 2 very quick points , android as many people see it is not just an mobile pphone Os but a complete embedded OS , it can and is in faact running on a variety of devices , hence its impact after incorporating NFc'c tech will be huge 2. it is completely OPEN and this is precisely where its strength lies , Apple has been trying to do similar stuff with iphone but i doubt the outreach and the impact becasue it is the ultimate "closed " system and runs only on an iphone Android is different and will offer seamless interaction across devices , networks and applications , now how cool is that?. :)
By Shaikh Mohd. Laeeq, Technical Associate R&D , ThinkLABS Technosloutions Pvt. Ltd.  11 17 2010 10:21:06 +0000
 
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No I really don't think so, the chip is only running in Android phones, and people who use android phone is very less. In India its altogether very less number, but world over people who use Nokia and iphone can have a better reach. But for the moment cards are doing the job, with smart technology we can prevent card frauds that are in rise at the moment.
By Namrata Pathak, Accounts Manager, American Express  11 17 2010 06:40:17 +0000
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Yes, Considering the Growth of Technology & Retail Industry. And Retail Sector is here to stay. And evolution in Technology is never ending process.

And Android is every where these days.
By JOGINDER SINGH CHANDNANI, MMS Student (IES MCRC, Bandra)  | 12 19 2010 06:24:05 +0000
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android will make our life easier instead of depending on the card we can use androids to transfer money and purchase in a supermarket
By nazish hameed, process associate, cross domain solutions pvt ltd  | 12 13 2010 15:44:26 +0000
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I agree............
By Anand Sharma, Monitoring the research funded by DIT, Department of Information Technology  | 11 24 2010 09:51:20 +0000
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Yes , In coming time technology may provide us gadgets of multipal use . Developing stage is already there,in coming years we can see plenty of new gadgets.
By rakeshbhatnagar , GM Projects., wig brothers india pvt.ltd.  | 11 17 2010 09:50:33 +0000
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Yes, for example, since last 5 years, I do mot carry my camera. Instead I use the mobile camera, get excellent snaps and even video shots. Any new gadget shall replace one or more of existing stuff. Otherwise what is the use of technology and research? Ms.Namrata Pathak should come out of the box and think.
By Gopala Krishnan.H, CMD, DJA-Inc  | 11 17 2010 08:32:29 +0000
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Calculator was supposed to simplify our life, mobile phones were supposed to simplify our life. The end result is for our brain every simple thing has started appearing complex due to dependency on a system. For calculating two digit numbers you need calculator . The artifical intelligence seems to have caught up with human intelligence. The problem is with human intelligence . Ever since the machine world problems such as memory loss / obesity have become too common to be termed a disease. Anyone machine which simplifies a task that can otherwise be done with human intelligence can only spell trouble for the future.
By Joe Antony, Retail Sales and Marketing, JSW Steel Limited  | 11 17 2010 07:38:43 +0000
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I think slowly mobile phones will need to adapt to multiple os structure if they need to survive. that would lead to a revolution of sorts i guess :)
By Vinod R, Manager Projects, Potential Project Managers (P) Ltd.  | 11 17 2010 07:13:19 +0000
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I agree with you Namrata. In order to stay ahead of the competition google is trying to stay ahead. Simply question of USP. 
By Rathin Deb, Advisor and retail consultant, currently as Branch Manager, Tower Infotech Ltd  | 11 30 2010 14:02:24 +0000
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Yes I accept your views, however the technology plays its role. Today the consumers want to have the better technology than the others and people are very fast to adopt new attractions. 

Thanks for the referral Mr.Namrata.

 
By NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd  | 11 20 2010 17:30:25 +0000
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Not useful for Indian customers/users.
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 11 19 2010 07:27:01 +0000
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The new mobile payment technology could replace cards in the future if it is proved successful in the field. However, currently, there are not many Android mobile users and in India it is much less.

However, market analysis reports indicate that Android is gaining share in the market and if it succeeds and becomes popular in the future, then the future of the cards as a payment mechanism could be in jeopardy.

Thanks for the referral, Namrata....
By Badri N Srinivasan, Head - Quality, Valtech India Systems Pvt. Ltd.  | 11 17 2010 13:19:31 +0000
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I think Google's Android can do this. But we have to consider the other providers also. The apple's iTunes store already implemented the in-app purchase method, which almost reduced the card usage, and also apple is trying to make it a global one (ie) to use it globally. They are already succeeded with that. Once Android gets success with that, at that time apple will be in different height. So Android can, but not much.
By ASHOK KUMAR, Software Engineer(Mobile Programmer), Astroved.com Pvt Ltd  | 11 17 2010 10:21:50 +0000
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