"Google Wallet is all about magical moments that save time and money," said Bedier.
Reisgies echoed NFC's "magical" potential throughout his panel discussion and suggested that NFC could even make standing in line to pay for something "cool" if used properly.
"There is some magic about NFC," he said. "The consumers say, 'Isn't that cool, I just paid with my phone. And the people in the line behind me they may now think I'm cool too.'"
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