Radio powered credit cards could hit any fly off
The familiar process of selling something with a credit card - restoring plastic in place of business or hit any fly it yourself, then waiting for the authorization and signing the receipt - the direction of the nature and manner of the mechanical brass cash register.For more than a year, Master Card and American Express have been testing “contactless” versions of their credit cards. The cards should only be held near a special reader to go to a sale: - if the consumer is always a receipt.
The card companies indicate that the system is much faster and safer because the card leaves a score by hand.
In some cases it is faster than cash, “said Betsy Foran-Owens, Vice President MasterCard. You are the elimination of key factor.
MasterCard PayPass has tested its system, particularly in Orlando, Fla. Federal and promises a Roll-Out in 2004, starting first quick service, restaurants and other places where people are generally a hurry.
American Express has been in the forefront, the pilot turns his Pay-Express service in the Phoenix area, while the company has expanded to New York ferry terminal on the Hudson River this week.
The new credit cards work the same speed as the passport system, Exxon Mobil has fast payments to its service stations since 1997. But the keychain fobs, speed changes from “6 million users are well on Exxon Mobil stations and a handful of other outlets.
In contrast, credit cards, the technology could be used anywhere regular plastic is accepted, as long as you save to install the new drive. The card companies that have worked may be technical standards, a reader of several brands of contactless cards.
Nevertheless, it is likely to leave home without one of the new cards for a moment. Forrester Research Senior Analyst Penny Gillespie, it is expected to last several years, contactless cards to go Main Stream.
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