http://smstextnews.disqus.com/Daily news and opinion for 250,000 industry executives and mobile fanaticsenWed, 10 Sep 2008 11:56:36 -0000http://www.smstextnews.com/2008/09/700m_nfc-equipped_mobiles_within_5_years.html#comment-2260911Makes perfect sense for the low dollar transactions. I was at a Best Buy the other day (local electronics retailer), and I asked about how many people checkout with their contactless POS terminals. The clerk said very few seem to have credit cards that are contactless but even worse, the ease of checking out was diminished since everyone has to still sign for purchases over $25. And in a place like that, you're lucky to get out of there for less than $100 =OtrsillsWed, 10 Sep 2008 11:56:36 -0000