Monday, February 13, 2012

French Consumers Prefer Fingerprints over Mobile Phones for Retail Payments

Survey Shows More Interest in Biometrics than Near Field Communication (NFCWorld.com)
69% of the 1,008 people surveyed by Ifop for Wincor-Nixdorf said they were either very or quite in favour of replacing PIN codes with fingerprint biometrics at the point-of-sale, and only 36% were either very or quite in favour of using an NFC phone to make a purchase. 39% were quite opposed to the idea and 25% were very opposed.
Support for NFC actually dropped from last year's survey.

What explains this?
Is it something to do with NFC tech specifically?
Do people trust their credit card company/bank more than they trust their mobile service provider/Google/Apple?
Is smartphone penetration in France so low as to limit interest in a NFC payment system?
Is it that if you lose your phone, you can't buy a new one because you don't have a phone and you'll starve because you can't use your phone to buy food (less likely, I'll admit)?

UPDATE:
Following Vulnerabilities, Google Disables Pre-Paid Card on Google Wallet App (GottaBeMobile.com)
After a series of two vulnerabilities were discovered that targeted Google Wallet, Google’s mobile and digital wallet app on the company’s Android smartphones, Google has now decided to disable the prepaid credit card feature on the app.
...
The app makes use of NFC, or near field communications, technology. Rather than swiping a plastic credit card through a magnetic reader, users can pay for physical goods at retail stores by waving their NFC-enabled smartphone next to an NFC reader. In this manner, Google anticipates that smartphones and wallets would converge and eventually credit cards would become obsolete as users would only need to carry their smartphones to make and initiate payment.



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h/t @Ess_ID_Security