What’s the most you’ve ever spent with Apple Pay? I’ll bet it’s nowhere near as much as $1 million. That’s how much one user spent to claim a 1964 Aston Martin DB5 that was recently auctioned off through Coys of Kensington.
Square continues to add to its lineup of small business tools, especially for owners and managers who want an overall better grip on their businesses. It’s introducing a new Dashboard app that does just that: it lets owners track sales in real-time right from an iPhone. Still, the only requirement is a free Square account.
Mobile purchasing systems based on NFC have a way to go before they become ubiquitous, but other types of mobile payments already here. A great example is the Starbucks app that can be used as a virtual reload-able gift card. When you want to pay with the card, a barista scans a code on your iPhone’s screen.
Starbucks may have made this technology a part of every day life for millions of people, but it isn’t the only company to do. Some airlines offer a virtual boarding pass as part of mobile check-in features.
The same iPhone/smartphone screen as digital token approach may soon extend to your commute as well as your morning coffee or air travel. A pilot project in Boston plans to bring the same NFC-less mobile payment technology to the city’s commuter rail service.