MasterCard Emerging Payments Chief Provides More Proof Apple’s Looking Into Smartphone Contactless Payments

“We’re rapidly moving to a world beyond plastic,” says Ed McLaughlin. “In many ways, plastic is just convenient packaging.” McLaughlin heads up emerging payments at MasterCard, and he’s tasked with thinking big on the future of transaction technology. His group has dreamed up loads of creative ways to accept payments, from hacking an Xbox Kinect to pay-by-hand motion, to implanting NFC tech in ultrabooks , to scanning irises to prevent credit card fraud.

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MasterCard Emerging Payments Chief Provides More Proof Apple’s Looking Into Smartphone Contactless Payments