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Mobile Payments For Typical Cell Phone Users

Visa and DeviceFidelity are developing a method for bringing mobile payment capability to the average cellphone user.

Kyle Studstill
Kyle Studstill on March 17, 2010.

By embedding near-field communications (NFC) payment technology into SD cards, Visa and DeviceFidelity are developing a method for bringing mobile payment capability to the average cellphone user. Because the technology functions on a microSD card instead of being built-in to phones themselves, the method bypasses the restrictions that come along with the involvement of  mobile carriers and manufacturers.

[via Engadget]

TOPICS: Electronics & Gadgets, Web & Technology
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Kyle Studstill is a regular contributor to PSFK.com. Kyle works as a consultant working at the New York office of PSFK. His background is in analysis, from the analysis of cultural and technological change, to analysis of consumer and human insight, to military intelligence analysis with the US Intelligence and Security Command. Kyle loves the future, much like O'Brien from Orwell's Nineteen Eighty-Four.

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