NFC lets devices share information at a distance of less than 4cm and at a maximum communications speed of 424kbps. The bidirectional capability makes it ideal for establishing connections with a simple touch. (Source: NFC Forum)
An envelope is a common packaging item, usually made of thin flat material. It is designed to contain a flat object, such as a letter or card.
Traditional envelopes are made from sheets of paper cut to one of three shapes: a rhombus, a short-arm cross, or a kite. These shapes allow for the creation of the envelope structure by folding the sheet sides around a central rectangular area. In this manner, a rectangle-faced enclosure is formed with an arrangement of four flaps on the reverse side.
Digital wallet acts much like a physical wallet. The wars among companies are raging. There are those who became disappointed by PayPal as an online installments option ever since it was bought by eBay. Many have felt the sting of lost resources, account freezes and other service nightmares that some may say rest just this side of downright fraud. Then there are the charges. For those who desire options, there's Dwolla, an online installments website that claims it does a better job than the competition, for less cash. So who will win the war and be your digital wallet provider?
In some parts of the world, mobile banking and payments have been around for years. Countries that experience regular brown-outs and have few landlines have embraced mobile technology. In may ways, they've surpassed Europe and the US in mobile phone use and application in everyday life.