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Use Your Mobile Phone Like a Credit Card?

January 11th 2007 08:58
The Sydney Morning Herald reports that Visa and Nokia have teamed up to provide a mobile phone payment system that will turn phones into wallets and allow consumers to buy items from stores without money or cards.

We should see mobile payment trials in Australia within the next 12 to 18 months. Paying for goods or services would be as easy as swiping your phone over a sensor.
The first phone to support the technology, dubbed Near Field Communication (NFC), is the Nokia 6131. It will be available in Australia by the end of the first quarter of this year.


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