Sunday, March 18, 2007

Contactless payment program for mobile phones

Cingular - MasterCard - Nokia to test a contactless payment program for mobile phones:

"Seems Cingular, MasterCard, and Nokia have gotten together to test a contactless payment program for mobile phones. A few select Citi MasterCard holders will receive a Nokia mobile phone equipped with the MasterCard PayPass payment function and with NFC technology. Just hold your phone up to a special card reader, and whatever you owe is automatically deducted from your account."

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