Australia’s Commonwealth Bank is buying beer or paying punters ten Australian dollars to endure a brief lesson in its Kaching wireless payments app. Launched in late 2011 and since downloaded more than 110,000 times, Kaching allows peer-to-peer payments between smartphone owners. Users don’t need to know each other’s account …
What's the chance this will work with any other bank's commercial or private customers? What about other phones, possibly ones with inbuilt NFC like Google a producing.
I suspect it's somewhere around zero percent (but I sincerely hope the banks/manufacturers/telcos make me eat my words on this).
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