Thursday, 20 January 2011

Mobile payment

In light of baseband hacking I wonder if buying your Starbucks coffee using your Android or iOS device is such a good idea? Over at RWW opinions are vague at best.

iMode users have been making payments using mobile devices for years, but that's such a small market hacking has probably never been much of a threat (correct me if I'm wrong). So, the success of payments over iMode can't really be presented as proof of concept.

Considering there is much development afoot with both Android and iOS regarding mobile payments, coverage could be huge. Hackers may well consider the expenditure of time and money worth a punt. The hardware manufacturers and platform programmers will have to close their security breaches and prove their cases before I'll wave my mobile at the coffee vendor...

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