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You'll just wave your iPhone at any Visa payWave terminal, which can already be found at some 32,000 retailers, and voila, you've made your transaction.
The joint venture between AT&T, Verizon Wireless, and T-Mobile has rounded up most of the handset makers to use its technology standards. The key missing player: Apple.
Bloomberg reports that AT&T and Verizon Wireless are working with Discover and Barclays to launch a new service that would allow people to use their smartphones as credit cards.
Smartphones are central to several companies' plans to make payments--either through mobile credit-card readers or by using the phone in place of a credit card.
We've been hearing quite a bit about companies that use RFID chips to turn your phone into the equivalent of a wallet. Now we got the chance to try it in the wild.
In this week's Ask Maggie I offer some advice on whether to buy the HTC Thunderbolt for Verizon's 4G wireless network now or wait for the Motorola Droid Bionic expected later this year on the same network.
Visa to roll out mobile payment system that lets people add a microSD card to their smartphones to make payments. It touts the system as safer than using a plain old credit card.