The wallet of the future is our cellphones. In fact the
technology is here already, it is just taking time to become the new world
standard when it comes to money and the buying and selling of goods. So
for those who do not know, I will tell you what this cellphone wallet do.
The cell phone wallet: Well for one, it will act as a
basic cell phone. It will be a total smartphone with the best camera,
access the internet, and communicate in every way shape and form. It may
even become transparent and have roll out screens so as to become even more
compact. And let us not forget add on’s that can enhance performance or cater
a phone to be a tool for medicine, fighting crime or for playing games like an
old fashioned handheld Gameboy. However, the wallet function is yet
another unique innovation that makes the cell phone the epitome in gadgetry.
Basically, you have an app for your visa card, MasterCard, and even
select ones with different numbers to pay for good with. And then you
place the phone on the radio identification scanner as the phone sends out the
go signal and then you official pay for what you are buying. That’s it.
You select the credit card on your phone (credit app in this case) of
your debit card app, and then you hold it over the touch and go component of
the credit card machine to pay. No longer will you have to pay with hard
currency.
This is the tip of the iceberg. Can
you imagine magazines with QR codes that are scannable? Your phone can
scan the items you want out of the magazine so it acts like a virtual shopping
cart, and then you can purchase them via your cell phone by picking which app
to pay with. At stores you can scan all your items and then purchase them
as you walk out in the same way. You will never have to wait in line for
a cashier ever again. Of course, this would mean Wi-Fi would be in every
store, but that is a small expenditure when you consider the cost savings
potential. Heck, you can buy the style you want via the cell phone, pick
your size and then pick it up at the store itself after trying it on. Our
cell phones are not only wallets, but are expandable tablet PCs and laptops.
Buy anything while on the go. Do anything on the go.
Conclusion: Already, driver’s registration cards are
stored on phones too. This also means you can store any business card, or
ID card on your phone. We store photos on our phones, so this is not a
big stretch. Basically anything in your wallet is able to be placed
electronically in your phone. This technology is evolving. And you know
what, smartphones are going to be a big part of it due to how many functions we
can cram into them. So be ready for the next big wave in innovation as
your phone will literally contain your whole life in it.
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