One of the next big things was Radio-frequency identification (RFID) contactlesspaymenttechnology, which was said to provide a simple method of payment that could reduce time spent in checkout lines.
DeviceFidelity and Visa collaborated to combine Visa's contactlesspaymenttechnology, Visa payWave, and In2Pay technology to transform a mobile phone with a microSD memory slot into a mobile contactlesspayment device.
"Paypal has realised that you don't have to have contactless NFC technology to make a mobile payment in a store, " Forrester's research director Benjamin Ensor told the BBC.