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.
NFC Forum Adopts New Spec for Payments, Public Transit
The NFC Forum today said it has ratified and adopted a new specification that will ensure compatibility between a wider range of devices. The NFC Analog Technical Specification Version 2.0 targets the analog portions of the RF interface in NFC devices.
NFC Forum Makes Latest Specs Available to Developers
The NFC Forum today made three adopted specifications and one candidate specification available to developers and hardware manufacturers. The three finalized specs were ratified by the NFC Forum in October and ensure compatibility between a wider range of devices.
MTA Approves $573M for Contactless Fare System
New York City's Metropolitan Transit Authority plans to do away with the aging MetroCard fare system in favor of one that supports contactless payments, reports the New York Times. The agency has approved a $573 million contract to update the system's turnstiles with new wireless readers that can accept smartphones and certain types of credit/debit cards.
NFC Forum Updates NFC Specification
The NFC Forum today provided an update to the core NFC specification. The update includes two new specifications and two new candidate specifications.
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...