Motorola Teams With MasterCard On Wallet Phones
Oct 12, 2004, 10:43 AM by (staff)
updated Motorola today announced that it will conduct a field trial of mobile phones enabled with MasterCard® PayPass™, a new "contactless" payment option based on Near Field Communications (NFC) technology. The system is similar to the FeliCa system introduced earlier this year in Japan by NTT DoCoMo. Phones with the NFC technology can replace not only credit cards, but also key cards and ID cards. To conduct a transaction, the phone is simply placed within two inches of a PayPass reader. The technology can also be used for mass transit and event ticketing. New functions can be securely downloaded to the phone over the mobile network, extending the functionality at any time. The NFC chip is two-way, allowing the phone to also act as an NFC reader for NFC cards and devices, enabling a variety of marketing and promotional applications.
NO ME ENCANTA
i suppose someday we'll all be have some kind of awesome new technology implanted under our skin at birth, and we'll think it's great that we no longer have to carry keys or credit cards or driver's licenses with us because our entire identity will be linked to that...
WATCH FOR THE SIGNS!!!
I would love this...