British 'uncomfortable' about making mobile phone payments

[Peter_]

British 'uncomfortable' about making mobile phone payments

http://www.marketingmagazine.co.uk/news/1055105/British-uncomfortable-making-mobile-payments/Half of British consumers are uncomfortable about making cashless payments using a mobile phone, according to new research.

Any thoughts on paying with your mobile phone.

[Ramrod]

How 'hackable' is it?
I'm not all that happy about the near field stuff on my credit cards either....

[Cobbydaler]

How 'hackable' is it?
I'm not all that happy about the near field stuff on my credit cards either....

Both views on the near field cards here:

http://www.independent.co.uk/money/spend-save/contactless-cards-the-pros-and-cons-of-new-payment-technology-1968747.html

I'd need to see the security aspects of paying by mobile as well. Would be convenient though...

[AndyCambs]

My impression is that it would be as per Wave&Pay - under £15 only and three transactions and you would need to Pin.

[Cobbydaler]

Bit more on the mobile NFC thing:

The phones feature an NFC antenna connected directly to a special SIM card that allows the owner's identity to be authenticated.
Such security is seen as crucial to the success of NFC payment systems.Link (http://www.bbc.co.uk/news/technology-12478643)