May 05, 2010 :: Posted by - SoSly :: Category - News
You’ve probably seen contactless payment terminals before. They’re used in many stores, restaurants, and other locations, with either a smart credit card containing a secure memory card or some sort of fob being used to make the payment. You just wave it at the terminal, and you’ve paid your bill.
Visa and DeviceFidelity are working on a way to let iPhone users make payments by waving their iPhones in front of contactless payment terminals. They’ll be offering an iPhone case with an embedded secure memory card that hosts Visa’s payment application, Visa payWave. Read more…