Microsoft Preparing Its Own Mobile Payment Platform Called Microsoft Payments

Microsoft has embarked on the road to compete against Apple pay and Google Wallet in the Mobile Payment Services. Recently, Microsoft announced NFC support to come on board its upcoming handsets, nonetheless there were no clues for its uses apart from the obvious. 

In the end the future of Microsoft smartphones is said to support mobile payments system which will replace the need for credit or debit cards for all Windows phone users.
Mobile payment service moved first into the market with the launch of Apple Pay back in October 2014 and continues to influence other smartphone brands to compete in the race. Recently, Microsoft filed licenses for money transmitting in all of the 50 states of United States and it is said to aid Windows 10 payments as well. Lets head down to some details on Microsoft’s upcoming mobile payment service.