Monday, May 19, 2003

Is it a phone..... or a credit-card ?

Technoloy in principle allows the combination of front-end proximity technology with back-end credit-card infrastructure. Ron Onrust referred me to this article in CNET. It explains that wireless technology may be integrated in the mobile phone cover. No need for magstripe; just wave the phone near the payment terminal and another payment is made.

Dutch readers may want to read the E-merce version of the article.