Until recently near-field communication (NFC) technology has been synonymous with the recent rise of contactless payments. But now a California-based startup has come up with an alternative technology.
The company, called Naratte, claims to have created an app which will allow any phone to process contactless payments regardless of NFC capability. 'Zoosh' generates an inaudible, extremely high pitched noise which creates a secure conncetion to either another Zoosh-enabled phone or a special reader.
The technology has the same functionality as NFC but can be used by a much wider range of phone as all that is needed is a speaker and a microphone. Older phones which don't support apps will be able to use the service through text messages with embedded audio files.
As ever, the problem will be take-up. Naratte must get its Zoosh terminals into stores or consumers won't use the technology.
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