Revision to Square App Allows for Contactless Payments
Mobile payment company Square has updated its iOS Card Case application so that iPhone users can make mobile payments without even using their phone. With the new Card Case app, iOS 5 users need only enter an area with retailers that use Square's payment services, and they'll be alerted that they can use Square to make payments. At a Square retailer, the iOS 5 device user can make a payment by simply saying their name at the cash register — they don't have to take their phone out of their pocket or wave it in front of any sort of reader. The Card Case app works with the retailer's existing Square set up to accept the payments automatically. Square is preparing a similar update for its Android application. Square is an alternative mobile payment service to the near-field communications-based Google Wallet and ISIS services offered by competing companies.
What kind of report is this?
Why are we reporting that suddenly (at least this is how the article is written) that the iPhone has some "contactless payment" options, when it doesnt. None of this is NFC and certainly nothing embedded into the phone.
Square is great, believe me, I know people at that company who work on tech, and I have the product myself, but even with all that, I still dont fully understand why anyone would create Card Case and not tell us how it works. They should have just invented the alternative incoming and outgoing payment method though NFC and made THAT "Card Case". Just my thoughts.