Friday 28 October 2011

New Smartphone Payment System

The Commonwealth Bank is to introduce a new iPhone case that will allow payment at Tap-n-go contactless payment outlets. The case will include an NFC chip to facilitate the transaction and will come with software enabling payment by email and Facebook as well as more traditional smartphone  functions like checking balances and transferring money between accounts.
Contactless payment facilities aren’t exactly in every corner store yet but this looks the way of the future.