Mobile Payment Systems on the Rise
PERSONAL PRIVACY—U.S.August 13, 2012
The New York Times reports on Starbucks’ recent partnering with technology startup Square, which will allow customers to pay for things with a smartphone. But "any company offering mobile payments faces a big challenge: convincing people that paying with a phone is safer and more convenient than using cash or a credit card,” the report states. Some have said the convenience “may present a compromise on user privacy.” (Registration may be required to access this story.) Editor’s Note: The IAPP will host the breakout session, For Whom the Cell Tolls: How a Mobile Payment Really Works, at this year’s Privacy Academy in San Jose, CA.