Proxama Blog

The Mobile Wallet: BBC show how Proxama is making this reality

Proxama's mobile wallet, developed in association with MasterCard and Tuxedo Money Solutions, was recently showcased on the BBC Breakfast show. With mobile payments edging ever closer to becoming a mainstream reality, BBC viewers were shown how a mobile wallet would look and how it could start to make shopping experiences that much easier.

With life becoming increasingly busier and queues in coffee outlets getting longer each day, contactless payments are looking all the more exciting. With WIMA just around the corner (watch this space for exciting announcements!), near field communication is set to see some pretty big developments in both proximity marketing and m-payments. The BBC took to the streets to find out what people thought of Proxama's mobile wallet. View the video here:

While there do seem to be concerns about security, as there are with most new technologies that involve personal finances, the secuirty issues can be combatted. If you lose your wallet, you have the hassle of calling all the card companies you bank with in order to cancel your cards. Whereas, if you lose your mobile wallet, your cards are all in one place so all you have to do is call one number to cancel everything. M-payments actually make it easier to keep your money safe. If you're still not sure, you can always get hold of Proxama's TouchSafe technology so that no one can use your phone accept you.

Although there are understandably concerns in using NFC for payments, these worries can be avoided by employing the extra security on offer for mobile wallets. And we're sure that security will get even better over the coming months.

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0 Comments. Posted by Chantal 11 April 2011

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