Daniel Lyons Quotes
The technology, called near-field communication, involves a microchip that can send and receive data across very short distances, about four inches. Instead of swiping a credit card, you hold your phone near a reader and let the data zip between the two devices.
Citations
Lyons, Daniel. "Mobile Payments." Newsweek, 2011.
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Daniel Lyons (born 1960) is an American writer. He was a senior editor at Forbes magazine and a writer at Newsweek before becoming editor of ReadWrite. In March 2013 he left ReadWrite to accept a position at HubSpot.