Smartphones and PDAs the New Credit Cards
Filed in archive Mobile Services , Nokia , PDAs , Smartphones , Wireless Living by Rico Mossesgeld on January 11, 2007

My only experience with NFC chips is gaming. In some of the newer arcades over here, you load money into a card and just run over the sensor to start playing. And a jet-setting friend tells me it's how Singaporeans pay for mass transit.
The Nokia 6131, also shown during CES, is a phone that works with Visa's service.
Cramming a camera, music player, office software, and wallet into your gadget sounds pretty convenient. But if it's easy to pay, so is racking up huge bills. And even if vendors have to confirm the transaction before it's completed, how does the system protect against misplaced/stolen virtual wallets?
Permalink: Smartphones and PDAs the New Credit Cards
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Visa+Mobile+Service Credit+Cards Credit+Card Near+Field+Communications mobile credit+cards smartphon
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