A Black Web 2.0 Report
Remember those tiny credit/debit cards you could attach to your keychain and wave over a POS (Point Of Sale) terminal at a cashier station or at a gas tank and automatically pay for items?
Well imagine waving your smartphone over the same terminal and paying for items from your credit card or directly from your bank account? Contactless payments may not be too far off as Visa is testing that exact same technology with the help of Bank of America and other technology makers.
Read the rest over at Black Web 2.0
