Could the use of paper money become obsolete in the near future? With the rise of internet shopping, the convenience of debit/credit cards, and the recent spring of mobile payment services and software, this may seem more of the case. Tonight, we just got word of Starbucks, the worldwide coffee giant, and Square, the mobile payment pioneer are expected to partner up and offer the Square service in select Starbucks locations across the country.
This isn't something Starbucks is a complete stranger of. As many of us know, we have the ability to pay for our Starbucks purchases with the Starbucks...
During WWDC, we learned about Passbook coming to iOS 6. With Passbook not live yet, well at least not on my iOS 6 Beta, it makes me wonder what else Apple could have in store for the service come the fall when everyone can have a taste of Passbook. We then look at Apple's plans, for years now, to create some form of an in-house mobile payment service in the form of NFC on one of the devices. Now, we see that as a very possible feature for the iPhone 5 come this fall. If you aren't familiar with NFC, it's a chip already available in many other phones (especially in Europe) that allows you to tap your...