Last year, Brazilian startup Kinetics unveiled its NearBytes technology that uses sound to bring NFC-like capabilities to non NFC-capable devices. The technology has now found a commercial application in the form of the Edgepay point of sale (POS) terminal that allows card-free payments of goods and services using a mobile phone... Continue Reading Edgepay terminal uses NearBytes technology for mobile payments
Section: Mobile Technology
Tags: Banking, Data Transfer, Mobile, NFC, Payments, Sound
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