Peer To Peer

Peer to Peer
I doubt whether MasterCard/Visa are enthusiastic about Actual Peer-to-Peer
- because that would cut them out of the picture.
All you need is a retailer or bank at the receivers end who has a deal with the
PtoP system operator. they might well settle using conventional EFTPOS or even Visa credit.
But the PtoP doesnt need any CreditCardCompany
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Google gets it, and says its too hard

"I'd love to see peer-to-peer used for payment," Google's Nick Pelly
...Typically, the hardware is set up to do card emulation through the secure element. Right now, we don't have any APIs to talk to the secure element. And we think that we probably won't be getting APIs to do that anytime in the near future in the SDK.
..to talk to the secure elements, even from applications on the phone, you need to authenticate yourself properly.
And if you improperly authenticate yourself a certain number of times, there are secure elements out there that will physically destroy themselves and can never be recovered. So that's something that we really think would be a bad experience for users, and we don't want developers getting blamed for, you know, breaking hardware

nearfieldcommunicationsworld

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Some places arent even getting started:
Smartcards delayed for seven years .. 13 May 2011
..commuters in Scotland will not benefit from queue-busting travel smartcards until at least 2018 because companies involved are reluctant to share their tickets..
heraldscotland

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Third World types really get it:

The strides Kenya has made in mobile banking .. Mobile Money Transfer Conference in Nairobi.
..“Kenya is a pioneer in the mobile payment industry ..
..Mobile money transfer platforms like M-Pesa by Safaricom, YuCash by Yu, Orange Money by Orange and Airtel Money enable people to access money through mobile phones, ..
...“Idle soft currency kept under the mattress is not safe, but once it is in the mobile wallet it can be lent out for traders to do business for additional revenue streams.”(???)
..nation

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MasterCard want to stay in the picture .. but really, we dont need them ..
..May 16 2011
MasterCard demonstrates.. iPhone attachment running its contactless PayPass ..
..iCarte (Wireless Dynamics) .. MasterCard PayPass application in an embedded secure chip,...tap their iPhone 4 handsets .. where the PayPass is accepted...
.. Singapore Cassis Intl as trusted service manager to provision the PayPass
..Singapore’s EZ-Link .. used for transit,.. some retail ..also issues a MasterCard branded prepaid card.. Fevo.
..whether EZ-Link..would also be on the phones, though likely not.

..another trial of an NFC bridge .. a SIM attached to a flexible contactless antenna, (Gemalto).. mobile operator StarHub and DBS Bank. ..

In Malaysia.. Maxis Communications ..some interest..
.
Visa Europe ..trial in Turkey ..United Kingdom of the iCarte...Visa has trialed contactless microSD cards in the iPhone and other..

The microSDs, as well as the iCarte have corresponding apps .. to access the payment applications stored on the secure chips ..
..
nfctimes


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Speed not a problem
TransferJet is a wireless technology that is said to combine the speed of Ultra Wide Band with the ease of Near Field Communications...560Mbit/s,.. effective throughput.. 375Mbit/s,.. 4.48GHz..
in V2 of the protocol, centre frequency of 60GHz.. data transfer rate to 2Gbit/s. Expect this chip in mid 2014.
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