NEAR: P2P payments via ultra-wideband
Update: 2022-08-31
Description
ING, NXP and Samsung have developed a method that allows smartphone users to pay among themselves via ultra-wideband. According to the parties, the method called “NEAR” is the first “peer-to-peer payment application” where users pay by holding the phone close to each other. Users therefore do not have to look up a username, e-mail address or telephone number first. In this episode of Insights, we tell you more about NEAR.
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