who will win in mobile payments?

Its the money, stupid. Someone is going to create that app, that hardware,
get the right backing, and we will stop carrying all those coins, notes and
even credit cards around. Is this the right direction? It seems to need the
phone to be around, which is a bummer. Just a band around the wrist -- I
could see myself wear that. It should work without the phone being around
too -- that way the masses could afford it.

Which of you wears a wrist band, or is developing technology around it?
I've written a free app, Quartet, that converts phone movement into music
and graphics -- I'm looking at  the wearables now.

Arun Mehta

http://timesofindia.indiatimes.com/tech/tech-news/Xiaomi-Mi-Band-wearable-to-support-mobile-payments/articleshow/46793726.cms
Xiaomi Mi Band wearable to support mobile payments

Xiaomi and Ant Financial, an Alibaba affiliate which includes China's most
popular online payment service Alipay, will enable the Alipay Wallet mobile
app to link with Xiaomi's Mi Band smart fitness bracelet. That will let
users smooth the process of making payments, bypassing the need for
passwords.

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