World may have moved on before NFC arrives, says PayPal
Speedy payment system is not the Holy Grail
PayPal believes that NFC is not the holy grail of future payment, telling TechRadar that the world could have moved on by the time enough people have the technology on their mobile phones.
Many companies are pinning a good deal of hope on near field communication (NFC) technology, and many of the next generation of handsets will include the functionality.
However, one of the powerhouses of mobile payment, PayPal, has explained to TechRadar its doubts that it will ever fulfil its potential.
"We think it's a tech and payment industry obsession," said PayPal's Rob Skinner.
"…it's been seen by some as the holy grail and the problem is, first of all, very few consumers have NFC on their phones and if you think about the high street story, retailers only change their systems a few times a year and NFC makes them do something quite dramatic to their hardware.
"It's one of those things where maybe, when lots of consumers have NFC on their phones, it might work, but will it be something that they want to use?"
World moved on?
Skinner questions whether NFC will simply fall short of the critical mass needed to convince retailers to upgrade.
Get the best Black Friday deals direct to your inbox, plus news, reviews, and more.
Sign up to be the first to know about unmissable Black Friday deals on top tech, plus get all your favorite TechRadar content.
"NFC may well be interesting and transformational in a few years time but the reality is that the world may well have moved on by then," he added
"It's an interesting piece of technology but it requires a hell of a lot to really change anything."
Skinner:
"It's an interesting piece of technology but it requires a hell of a lot to really change anything."
"We are not saying we are anti-NFC; our Android app enables NFC, but it goes back to the point about working across any platform.
"It doesn't matter if it's an iPhone or Android, a desktop or a mobile phone - it just happens with PayPal."
Patrick Goss is the ex-Editor in Chief of TechRadar. Patrick was a passionate and experienced journalist, and he has been lucky enough to work on some of the finest online properties on the planet, building audiences everywhere and establishing himself at the forefront of digital content. After a long stint as the boss at TechRadar, Patrick has now moved on to a role with Apple, where he is the Managing Editor for the App Store in the UK.