Visa to Launch Contactless Mobile Payments for iPhone
nytimes.com
nytimes.com
So, it's exactly like the payWave technology already integrated in my Visa card, except I have to put a stupid case around my iPhone.
Sounds like buzzword-itis.
I've had payWave in my card for over a year, and I've never even seen an opportunity to use it. The social interaction with the cashier is just too weird. It's already bad enough with debit cards ("do I swipe? do you swipe? do you take the card from me and swipe it for me, making me feel like an idiot?")
It seems you use it where a debit pad is already on the counter.
We're working on this:
No extra hardware for your phone required, it's cheaper for merchants, it offers more information than cards, and it will work on Android and BlackBerry in addition to iPhone.
I just realized that the four small images below the splash are linked to what I was asking for. That doesn't seem obvious to me. Maybe I'm stupid, but maybe it's something to keep in mind.
Re FaceCash, it looks really interesting but the thing that kept me from paying $3 to sign up with my GMail account is that the site's missing a "how it works" blurb. How exactly do I get my money into the merchant's hands?
We've updated the general questions page to address your concerns.
Want to advertise that you own an expensive gadget which is also primed with cash, instead of using a plastic card? No, of course I don't, what a silly question.