Credit cards go mobile
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MOBILE PHONE giant Motorola is experimenting with putting credit cards and payment functions on their line of mobiles. Under the bonnet of the cunning plan is Near-Field Communication (NFC) technology which is a short-range wireless system.
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Think twice before assuming you're using the right card.
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Motorola is working with MasterCard to introduce a "lifestyle changing" credit card phone by year's end.
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Verizon Wireless says it will offer its customers a mobile payment service that lets them use their cell phone as a credit card.
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The company is keeping its cards close to the vest.
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The traditional credit card marketer is going dot-com.
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Black is the new platinum as the field for elite credit cards gets crowded.
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Mobile payments and banking are now moving into the U.S. through some big names, but the speedy checkout system is slow to put in place.
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If you've ever had a credit card purchase mysteriously rejected only to discover later that the bank thought you were a fraudulent user, you may appreciate an effort by MasterCard InternationalÂ to use SMS (short message service) to streamline the process of clearing up card-usage questions.
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(InfoWorld) - Vending machines are not just about soda and candy and chips anymore. Wireless technologies that enable credit card purchases are spurring companies to market a wider variety of items from vending machines--everything from suntan lotion to golf balls to consumer electronics. Say, for example, your cell phone dies and you desperately need to replace it. These days you can simply buy a new one from a vending machine. How about a new pair of shoes? For awhile, Reebok was selling sneakers this way. "Cashless is really opening up the marketplace for what one would call very high-ticket items," says Steve Herbert, president and chief operating officer for USA Technologies. His company's e-Port hardware, which can be installed in vending machines, handles credit card processing, tracks inventory and monitors the "health and welfare" of the machines, alerting technicians in case of trouble. The device, used by customers including Motorola and Reebok, includes a general packet radioÂ­ service cellular connection. While the wireless credit card payment capability solves the problem of requiring end users to stuff $100 or more in cash into a machine, it also solves a related problem: At $1.50 or $2 for a soda, the currency systems in a soda machine can fill up before the machine is empty, Herbert says, cutting into potential sales and profits. Operators want to allow users to buy with credit cards in order to be able to sell every last item in the machine. The e-Port and related software also fuel a variety of wireless applications beyond vending. Sony uses software from USA Technologies in digital photo printing kiosks to enable credit card authorization and head off problems. For example, if paper runs out, the software tells a technician that it's time for a refill. Next up: a vending machine that sells gold wedding rings? It would be a hit in Las Vegas for sure.
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Some German bus commuters will soon be able to use their mobile phones as electronic wallets when a new trial of the technology called Near Field Communications (NFC) gets underway.
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Intel, Microsoft and Japanese online payments company Bit Wallet have teamed up to develop a mobile PC platform designed to bring computing to those traditionally considered to be unfamiliar with shopping online, browsing the web or sitting at a desktop PC. Like housewives, apparently.â¦
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MasterCard's Chris Thom examines how new authentication technologies are changing credit cards.
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By Sara Kehaulani Goo, Washington Post Staff Writer  Last June, Google launched a service offering a one-click method of paying for purchases that minimizes the risk of credit card information being stolen off a Web site.
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Those characters, as well as more familiar Marvel comics stars like Spider-Man and the Incredible Hulk, are going mobile. Publisher Mforma Group Inc.
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The credit-card company offers a hybrid rewards program for savers.
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Teams up with Visa and Barclaycard Transport for London has launched a version of its smart card that can be used to pay for items other than travel.â¦