10. 13. 2004
Motorola Mastercard Cell Phones
Motorola and Mastercard are partnering to make cell phones with wireless payment capabilities. Several hundred users in the US will be beta testing the Motorola phones equipped with Mastercard PayPass chips later this year. The phones will be using Near Field Communication, a secure wireless signal system that will transmit the secure information when the phone is within eight inches of the reader.
The Motorola-MasterCard phones will have "the potential to be lifestyle-changing--in essence, your phone will become your wallet, key chain and your ID," Ron Hamma, a Motorola vice president, said in a statement. From CNET.