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Barclaycard unveils plans for paying using your mobile phone, key fob or fingerprints

Posted By admin On September 9, 2008 @ 3:26 am In Sci Tech | Comments Disabled

Rebecca Camber
UK Daily Mail [1]
Tuesday, Sept 9, 2008

Once you wouldn’t leave home without it. But the credit card could soon be cashing in its chips.

Experts predict that paying by plastic will make way for payments by mobile phone, key fob or even fingerprint.

Like the cheque book, video cassette and CD before it, the plastic credit card could be on the way out within five years, according to leading financiers.

(Article continues below)

Yesterday Barclaycard, which introduced the UK’s first credit card in 1966, announced it was pouring millions into developing ‘contactless payment technology’.

The group has already developed a credit card that can be read without having to be taken out of a wallet.

It hopes to take contactless payments a step further with chips that can be inserted into mobile phones, enabling shoppers to buy items by simply holding their handsets over them.

Full article here [1]


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URLs in this post:

[1] UK Daily Mail: http://www.dailymail.co.uk/news/article-1053537/Barclaycard-unveils-plans-paying-using-mobile-phone-key-fob-fingerprints.html

[2] Taser’s new weapon: mobile phone monitoring: http://www.prisonplanet.com/taser%e2%80%99s-new-weapon-mobile-phone-monitoring.html

[3] Mobile phone companies can predict future movements of users by building a profile of their lifestyle: http://www.prisonplanet.com/mobile-phone-companies-can-predict-future-movements-of-users-by-building-a-profile-of-their-lifestyle.html

[4] Mexico to fingerprint mobile-phone owners: http://www.prisonplanet.com/mexico-to-fingerprint-mobile-phone-owners.html

[5] Mobile propaganda: California government blasts out text message to all mobile phone users: http://www.prisonplanet.com/mobile-propaganda-california-government-blasts-out-text-message-to-all-mobile-phone-users.html

[6] Challenges to a ‘cashless’ world: http://www.prisonplanet.com/challenges-to-a-cashless-world.html

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