Tracking Stuff in Mobile

Daily news and opinion for 250,000 industry executives and mobile fanatics.

Cellphones as wallets?

Cellphones as wallets? RBC, Visa test mobile technology

Royal Bank of Canada and Visa Canada announced Thursday they are testing technology that would allow people to use their cellphones as electronic wallets.

The bank and credit card company said they are launching an Ontario-based pilot project, to be conducted in three stages in 2008, that would allow consumers to simply swipe their phone in front of a scanner to make simple purchases.

See I told you! Canada is catching on!

2 Responses to “Cellphones as wallets?”

  • I’m going to have to make a trip to Canada…lots of good technology and innovation. Can’t wait to use my cell phone as a credit card. Cash, Change, Cards, Keys = Bulk. I hate bulk. Low profile baby, that’s how I roll.

    Posted by Peter Glyman on November 29th, 2007 at 12:31 am.
  • em, maybe I’m missing something but what happens if you lose your phone?

    Can the person who has taken it run up loads of less than £10 purchases (uk users) before its reported?

    Can you imagine if you could buy beer with it? No one would put their mobile on the bar ever again !

    Posted by Mark on November 29th, 2007 at 11:18 am.

Leave a Reply

Email This Post Email This Post

On this day..

Clickatell SMS Gateway

About SMS Text News

Your hub for mobile news blogged by Ewan MacLeod and his team of fanatics. Put this in your feed reader and have a scan every now and then to track what's cooking around the world.

More About SMS Text News

Copyright © 2008 SMS Text News / Tollejo Media Group Web Design by Forty