|Barclays PayTag is not really a mobile contactless payment |
option ...it's basically just a sticker
The PayTag solution is so limited and lacks any sophisticiation that will actually drive the desire behind NFC adoption. Fortunately there are products coming to the market over the coming weeks that will allow genuine mobile NFC payments, providing the consumer with genuine benefits, such as access to their account, person to person payments and the ability to switch the NFC payment capability off and on when required.
So while we would congratulate Barclays on their advocacy of contactless payments, i can't help thinking that PayTag is not really delivering.
Read the original Tamebay article at: http://tamebay.com/2012/11/barclaycard-paytag-for-offline-payments.html