By Cary Stemle.
One thing I notice in the fast-moving mobile payment space is the constant struggle for accuracy. In this case, I don’t exclusively refer to location-based accuracy as much as the struggle over the literal meaning of words.
Case in point: iBeacon. When word began spreading about Apple’s iBeacon last fall, many observers proclaimed the technology would supplant Near Field Communications as a mobile payment medium. But that’s apples-and-oranges.