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Motorola Teams With MasterCard On Wallet Phones

Article Comments  9  

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.

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Lady Libra

Oct 13, 2004, 10:11 AM

NO ME ENCANTA

so... what happens if your phone gets lost/stolen/damaged? πŸ˜•

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 think since the system will not give you a new credit card but say store the info about the AMEX card you already have. SO I suspect losing your phone would in the end be just like losing your wallet and having to call to cancel the card(s) you hav...
(continues)
lol, reminds me of the Hitch Hikers Guide to the Galaxy book, where everyone has been so paranoid about identity theft that simple ATM machines would take retina scans, skin samples, etc... until they developed a card that stored all of that informati...
(continues)
jonknee

Oct 12, 2004, 2:37 PM

I would love this...

Until my phone runs out of batteries and I become poor until I find a charge.
If this is anything like the paypass (or whatever it's called) used by Esso then I don't believe it actually requires any electricity on your end to pass the information along.. Maybe I'm just an idiot.
...
Idra82

Oct 12, 2004, 1:46 PM

COOL!!

😁 Isn't that cool, to be able to pay using your phone, and do so much more stuff. This is great.!!! 😁
Until they announce the service fees and/or data fees involved in using the service πŸ™„
 
 
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