MOBILE phone with a built-in credit card
A MOBILE phone with a built-in credit card will be tested in Melbourne next year in an Australian-first.
Telstra, NAB and Visa are developing the trial, which will let customers pay for goods and services with a wave of their mobile phone.
About 250 Telstra and NAB customers will be supplied with a mobile phone embedded with contactless near field communications (NFC) technology, with a Visa application loaded on to the SIM card.
They will be able to make a payment by simply waving their mobile over a merchant’s contactless reader. In the future, this technology could improve service times and lead to less queuing for customers. More…
Great post about LE phone with a built-in credit card!