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Old 12-15-06, 10:17 AM   #1 (permalink)
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Your Cell as Your Wallet?

Apparently Cingular is testing a new service that allows you to use your cell like a credit card. I guess it sounds like a neat idea but I do have some concerns about security in case you misplace (or decide to change) your device. Cingular will be testing this service for up to 6 months with Nokia and financial institutions like Citigroup and MasterCard Worldwide. Two technologies,"near-field communication" (NFC) and the MasterCard PayPass, will be built-in so you will just have to "swipe" your device to make payment . Marguerite Reardon from C/NET has a short article here

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Old 12-15-06, 10:22 AM   #2 (permalink)
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Hmm... Sounds pretty neat although I definitely agree on the security thing. I use my Treo now to pay all kind of bills on the go. No doubt about it. It's convenient.
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