Dwolla’s Proxi does near-field mobile payments, no NFC chip required

While the promise of what NFC can provide is huge, the adoption of the technology depends on far more than just consumers picking up NFC-enabled handsets. The promise requires that businesses also adopt the technology, especially when it comes to paying for things with your phone.  This is the exact problem that Dwolla is looking to solve with its new feature called Proxi. Proxi is a peer-to-peer system that can enable you to send payments to nearby users, without the need for either of you to have NFC. How’s that? Think satellites.  read more