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Released: January 18, 2012
Visa’s digital wallet now available on some smartphones
Source: Brian X. Chen, NY Times (Free Registration)
Good news for people suffering from discomfort caused by sitting on a thick wallet full of credit cards and credit card receipts for a long duration: Visa, the credit card company, said it supported making wireless payments through some smartphones, though it would replace the plastic Visa cards issued by banks.
Visa last week announced some phones from Samsung, Research In Motion and LG would work with a technology called near field communications, a wireless system that enables payments to be made between mobile devices and merchants’ terminals. So rather than yank a credit card out of your wallet, you’d wave your phone over a terminal to make a payment.
Read Full Article: Visa’s digital wallet now available on some smartphones
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