What’s next? A credit card in your cell phone


	What’s next? A credit card in your cell phone

disenchantedcitizen

6-28-2009 8:51 AM

113 views

tags:

consumer spending, cell phones, point of purchase, rfid

disenchantedcitizen says:

This idea will not evolve until credit card companies and cell phone carriers develop methods to gain the most financial benefit to themselves. Helping to make the consumers life easier is secondary.

But, I do like the idea.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/bf297d89-aa11-4b9b-b81b-5442b2ee2945/29CCE961-E096-4565-961C-9CE63E64201F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blogs.moneycentral.msn.com/smartspending/archive/2009/06/25/what-s-next-your-credit-card-is-your-cell-phone.aspx" href="http://blogs.moneycentral.msn.com/smartspending/archive/2009/06/25/what-s-next-your-credit-card-is-your-cell-phone.aspx" style="font-size: 11px;">blogs.moneycentral.msn.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.moneycentral.msn.com/smartspending/archive/2009/06/25/what-s-next-your-credit-card-is-your-cell-phone.aspx"><P mce_keep="true">See something you want to buy? Charge it with a wave of your ... cell phone.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.moneycentral.msn.com/smartspending/archive/2009/06/25/what-s-next-your-credit-card-is-your-cell-phone.aspx">That's the next big advance in credit card technology. Håkan Djuphammar, a vice president of Ericsson, predicted at a forum in Stockholm that all cell phones will come equipped with enabling technology within a year.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.moneycentral.msn.com/smartspending/archive/2009/06/25/what-s-next-your-credit-card-is-your-cell-phone.aspx">In the U.S., which lags behind in this development, banks and other companies are test-driving an RFID sticker that can be attached to your cell phone so you can use it to buy stuff,</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.moneycentral.msn.com/smartspending/archive/2009/06/25/what-s-next-your-credit-card-is-your-cell-phone.aspx"><P>Cell phones, employing something called near field communication or NFC technology, will be used to pay for purchases big and small, as well as unlock doors and grant you access to concerts and theaters -- and do much, much more.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.moneycentral.msn.com/smartspending/archive/2009/06/25/what-s-next-your-credit-card-is-your-cell-phone.aspx">These developments are happening quickly in other parts of the world.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.moneycentral.msn.com/smartspending/archive/2009/06/25/what-s-next-your-credit-card-is-your-cell-phone.aspx">U.S. Bank provided employees with RFID debit card stickers for their phones as part of a six-month trial</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.moneycentral.msn.com/smartspending/archive/2009/06/25/what-s-next-your-credit-card-is-your-cell-phone.aspx">A Dairy Queen in Indiana is distributing tags that can be stuck to a cell phone, wallet or watch</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/29CCE961-E096-4565-961C-9CE63E64201F/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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