Orange And Barclaycard Work On Pay-by-Phone Tech

Posted: Mar 9 2009, 7:49am CDT | by , Updated: Aug 11 2010, 1:22pm CDT, in News | Mobile Phones

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Orange and Barclaycard have teamed up to work on touchless technology that will allow users to pay for purchases via their cell phones. To use the contactless payment system users would wave their phone over the credit card terminal at a store.

One example is that the phone could be used to pay for a train ticket. The products will be based on NFC technology and co-branded by the two companies.

The companies say that the technology could be used to pay for airtime and to earn credit card points. Sony also announced a remote control that has e-cash payment technology built-in to allow users to order movies with the remote.

Via RegHardware

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