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Pay With Your Phone

August 2, 2010 8:22:14.489

Engadget reports that the future of cardless payments might be coming soon - the major mobile players are getting together on it:

Bloomberg reports that AT&T, Verizon and T-Mobile are about to test the NFC payment waters with pilot schemes in Atlanta and three other cities, potentially aided by partnerships with Discover Financial Services and British bankers Barclays Plc. This would require all-new readers for merchants and embedded NFC chips in phones, but we reckon plenty of people might be happy to pay a small premium to streamline their lives that little bit more and leave the plastic behind.

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posted by James Robertson

Comments

Re: Pay With Your Phone

[Vincent Clement] August 2, 2010 11:23:07.231

Anything to reduce the number of plastic cards in my wallet.

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