Mobile phones will be used to make payments

The emergence of near field communication technology for mobile phone users is likely to revolutionise the way individuals pay for products while out shopping, one industry expert has claimed.

According to Neil Garner, chief executive officer and founder of, the capability has been awaiting incorporation into smartphones for some time and could present a “game changer” for the transactions industry.

Mr Garner went on to say although contactless payment is still in its infancy, progress is being made at a faster pace and companies are working alongside banks and network operators to get the wheels in motion.

Using near field communication, smartphone users can make payments and log into their bank at their convenience – which can speed up queuing time when out shopping considerably.

“They key thing it can do is turn your mobile phone into a wallet – so you can actually put cards into it and make payments at the till,” he explained.