Could payment via sound waves rival NFC?

Could payment via sound waves rival NFC?

ga('send', 'event', 'Financial Services', 'article', 'article-industry-impression', {nonInteraction: true});ga('send', 'event', 'Life Hacks', 'article', 'article-industry-impression', {nonInteraction: true});ga('send', 'event', 'Telecom & Mobile', 'article', 'article-industry-impression', {nonInteraction: true});

Contactless payment is revolutionizing the retail experience for merchants and customers but it is currently only available on selected devices and to stores who can afford to upgrade their system. Offering other solutions are ToneTag and SoundPays — two sound-based mobile payment systems using encrypted sound waves, which could rival NFC payments.

Add to my folders:

Select any pre-existing folders to add the current post to. Posts will be added to a 'default' folder if nothing is selected.

Create a new folder (Optional)

Separate with commas to add multiple folders. The current post is automatically added to any new folders you create (e.g. my new folder, my second folder).

Add

Remove from my folders

Below is a list of folders where the current post appears in. Select the folder you wish to remove it from.

Update