We see hundreds of great ideas, but only a few have the right combination to get traction and scale right now. With that in mind, here are a few predictions for the payments industry in 2012.

Mobile payments continue to skyrocket

We got a taste of mobile payments growth in 2011, and this growth will continue. The mobile industry is shifting into “third gear,” with smartphone penetration reaching global scale and well on the way to becoming the dominant connected device for 2 billion+ people over the next few years. Add mobile innovations like the iPad, which has already become the fastest adopted electronic device in history, and mobile is really hitting its stride.  The future of computing is happening now, and quickly reaching a level of scale to enable global innovation.

Although scale is impressive, the true power of the connected mobile device lies in how dramatically it is changing consumer behavior and disrupting existing franchises. Use an app like Uber to get a town car, and you never do it the old way again. The new Nordstrom iPad App replaces a salesperson with a whole new in-store experience. Living Social can fill a restaurant in hours with a mobile offer, allowing local restaurants to skip the process of building a website. Payment helps accelerate these models through convenience and accessibility and, in turn, is forced to innovate itself to keep up.

Don’t think that mobile devices will be your future identity? Try spending an hour walking around without your phone, wallet, or keys. I barely made it to the end of the block before the panic set in. That was not the case just two years ago.

 A fuller integration of the online and offline commerce worlds

When we talk about the blend of online/offline in terms of commerce, we tend to focus on the ability to find local inventory or scanning a product in store. In truth there is much more happening here than that. In 2012 we will see a rise in virtual currencies and the ability to use them to pay for “real” goods. Imagine paying for groceries at Safeway with Facebook Credits or using extra frequent flyer miles for that cup of coffee at Starbucks. If you are 15 years old with no credit card or bank account, this future needs to be here yesterday, and retailers looking to attract the young digerati, who already switch seamlessly between their online and offline lives, will welcome virtual currencies with open arms.

Social commerce has seen some exciting developments recently that show more ways that the online and offline worlds are becoming more closely integrated. We just watched Louis C.K. disrupt the media industry by profitably producing and selling a comedy special directly to his audience through his website, clearing more than million in 12 days. Zynga just went public at a multi-billion dollar valuation, thanks to its ability to sell digital tractors and barns to its ever-expanding user base. It’s not hard to imagine more social commerce innovation, such as person-to-person payments of non-cash currencies (“Help me fly to visit my mom by lending me your miles”) or creating massive fundraising movements (“Take a photo of my charity road race number so you can donate directly to my cause”). The possibilities seem endless — and are incredibly powerful if you think about it.

As our online and offline worlds continue to merge, the war of commerce will land right on the doorstep of small merchants. In early December, Amazon offered to give consumers a store credit of up to if they used the Amazon Price Check app to scan in the price of a product in a physical store. And that’s only the beginning. Small merchants will need to adapt, while at the same time making sure the online world doesn’t drown them in fraud. Louis C.K. isn’t crazy to go direct to his fans — those who don’t know their customers and communicate with them regularly will take a beating from competing on margins in this connected economy.

Birth of alternate commerce devices

I’m a big believer that a key driver of payment innovation is going to be the enabling of alternate commerce devices. We’re seeing requests for payment capabilities on everything from gas pumps to Laundromats. As all devices become “smart and connected,” it provides more consumer choice and enables the digital wallet in the cloud to show its true value.  I know we all can’t wait for the day that we don’t have to clip coupons and remember loyalty card numbers, and our wallet intelligently figures out how you should pay for things. 2012 will see this come to life in many forms, and the “a-ha” moment around digital wallets will make sense to many. As payments move to the cloud, essentially anything with an “on” switch and an IP address can become a payment device. Think about Samsung’s Wi-Fi enabled refrigerator or cars from manufacturers like Cadillac and Audi. It’s a small jump to turn them from Internet enabled to Internet-payment enabled.  And, this experience is already making its way into our living rooms with t-commerce (commerce from your television).

I think 2012 is also going to be the year where t-commerce will happen. Yes, it’s been talked about a lot, but the pieces and players are beginning to fall into place more so than ever before. eBay’s recently updated mobile app for the iPad includes the ability to “Watch with eBay,” so I can watch my favorite sports team on TV and buy the latest jersey, all from my couch. (Note that PayPal, my company, is part of eBay.) By this time next year, you should be able to buy from your TV as easily as changing the channel. Scary to imagine, but you would do it, wouldn’t you? If a signed Jimi Hendrix guitar popped up for auction while I was watching his biography, I’m not sure if I could control myself.

These are exciting times for consumers, and it’s bringing a ferocious level of change to a payment industry that quite frankly could use it. 2012 will provide enough innovation clusters to give this industry a good shake. It’s exciting to have a front row seat!

Scott Dunlap serves as the VP of Emerging Opportunities at PayPal, exploring new technology and user experiences for payment, mobile commerce, virtual goods, virtual currencies, deals and couponing, multi-channel commerce, point of sale integration, analytics and risk management. 

Image courtesy of Flickr user vintagedept.

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You may ask yourself, why bother tapping touchscreens or physical buttons when an accelerometer can be strapped to the wrist, turning any ol’ arm into a wireless touch panel? That’s the claim that NEC is making today. A wrist-worn band of compact acceleration sensors divides the arm into seven sections along the upper, middle, and lower arm that can then be assigned as virtual inputs to an electronic device. No more reaching into a bag to answer the phone, no more plucking at the strings of a guitar to create song — everything is controlled through a natural tap of the arm or clap of the hands. Once in a lifetime tech that feels the same as it ever was.

Continue reading NEC turns your arm into a touch-sensitive remote control

NEC turns your arm into a touch-sensitive remote control originally appeared on Engadget on Mon, 07 Mar 2011 14:09:00 EDT. Please see our terms for use of feeds.

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In any of these cases, I’m sure we though of visiting the memory back one day. This is where videos come in handy, and this is when digital video recording works wonders. Digital video recording is the pretty much what it says – recording moments or events that take place in your life using digital technology.

The times that required you to buy an expensive video camera, check whether the right video cassette has been inserted, looking through the small glass for capturing the video is long gone. Now times have changed, and with the change, we have the luxury of digital video recording.

If you want to display your recording video, a projector can be beneficial to you depending on your needs. Projectors are used to convert image data directly from electronic device onto a screen via lens system. All you have to do is decide which projector and any other equipment (such as projector bracket or Panasonic LCD projector)  you want to buy and then you are ready to start enjoying your best moment video recording.

Digital technology employs the digital data storing, which is done by storing the information in two signal levels. Digital video recording need not be done just by digital video cameras. It is quite common to find digital cameras and mobile phones with video recording capability making it easier for anyone to capture the valuable  moments of their lives. It is common to find people playing with the video recording devices such as mobile phone in the streets, by recording everything that they think worth of recording

Digital video recording has been a big boon to many people. For example tourists can carry a digital camera, and use it to as a digital video recorder as well. There are some cameras which may not be able store too much of data, depending on how much internal memory the camera has, and if it can use memory cards. This way, it reduces the complexity of using many devices for storing the video footage. All in all, digital video recording can be one of the best things that happened in video technology.

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Handheld

By deciding that you want a handheld vhf marine radio you have already cut your options down. You have the two basic choices of handheld or mounted. Knowing you do not want a mounted radio is a great place to start. Now you can move on to the other extras, like technology, aesthetics and features.

Technology

A radio can be DSC or GPS. A DSC capable radio will allow you to send out an alert to other marine vehicles. Haveing some idea of the things that you want from your radio and you will find choosing the right radio is not too hard at all. GPS is far more advanced, though, and often preferred. You can easily be located by anyone and you can also locate others and find places with a GPS location. A GPS is nice if you will be heading out on long trips or if you are facing rough waters where there is a risk of getting disoriented. A GPS is a electronic device kind of like an advanced compass that will help you let others know where you are while also allowing you to know where you are.

Aesthetics

The look of your handheld vhf marine radio may not be all that important to you, but it is still something to think about. You will have a lot of options, so you need to know what you want. You should think about size and color, as well as, the overall design. You may want to opt for a radio that is made to fit perfectly in your hand or you may prefer one that is small enough to fit in a pocket.

Features

Every handheld vhf marine radio will have different features. You will likely have some features that you really want to have. For example, you will probably prefer that the radio is waterproof. Other features include the set up of the controls, the types of controls, different speaker types and additional equipment, like the option of a mounting device.

When it comes to choosing a handheld vhf marine radio, choices are plentiful. You really have to have some idea of what you what you want before you go shopping or you could waste a lot of time just trying to weed through all your choices. Have some idea of the basic things that you want and you will find choosing the right radio is not too hard. By planning , you will also be getting that radio that works best for you.

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• Claims:  SquareTrade will fix the item or pay you the full replacement cost of the item.
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• Common Electronic device failures include Motherboard failure, Display burn out, Display cable disconnected, Broken circuit board connections, Rust / corrosion of power port, memory card port or battery connectors and Built-in battery failure.
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Accidental Damage from Handling (ADH) guards you against life’s little mishaps, whether you drop your cell phone on the street or splash coffee on your laptop.  ADH must also be purchased within 30 days of when you bought your item. ADH coverage begins on the 31st day after the item’s purchase – issues in the first 30 days are not covered. Upon purchase, you will get an email confirmation.  You will not be mailed a paper contract.  If you have questions, please call: 1.877.WARRANTY.

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• Quickly move cameras from vehicle-to-vehicle or location-to-location. Overall length is approximately 4.5-Inch
• 1/4-20 stud with lockring
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• Full range of motion at the camera: 210 degreesTilt, 360 degreesTurn & 360 degreesRotation. Overall length is approximately 4.5-Inch
• Ratcheted arm has 140 degreesvertical motion; knob locks arm into place. Suction pad is 3.4-Inch (86.4mm) in diameter

PanaVise is a major manufacture of CCTV Camera Mounts & Audio/Video Mounts. PanaVise’s “Tilt, Turn & Rotate” technology has been applied to the CCTV Camera Mount Line & The Audio/ Video Mount Line. There’s a camera mount available for every installation requirement! All PanaVise Products are covered by a Limited Lifetime Warranty!The Panavise 809 CCTV Camera Window Mount allows you to mount virtually any device that weighs up to three pounds via T-slot, or 0.25-20 stud screw-style mounting. Perfect for anything from CCTV cameras where you can’t employ a permanent installation, to MP3 players for your car, the Panavise 809 utilizes an easy-to-use suction pad system to mount on virtually any surface that is flat, smooth or non-porous. This unit has two hinge points that allow you to achieve almost any angle you require with your mobile electronic device, and measures 5.5 x 13 x 3 inches (W x D x H) in dimension.

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Are you gadgets freak? Do you like to make a collection of latest gizmo? If yes, then you should visit United Kingdom to get complete information about such products. UK market is the best platform to find any kind of gadget from cheap one to costly one and smallest one to biggest one. Tons of devices are produced every year in UK, as per demand and requirement of people. Few years back, these devices were produced to perform a particular task only. But gradually consumers expectations have increased a lot and they demand a single product which can perform multi task.

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