MasterCard, Visa, and American Express propose using a digital "token" that would allow consumers to make purchases without having to input account numbers.
The head of MasterCard's emerging payments business talks to CNET about its MasterPass initiative, mobile payments, and beyond.
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Using geolocation data, the credit card company proposes a plan that will only allow card transactions when a users' smartphone is within close proximity.
Visa, MasterCard, Amex, and Discover see a big payday ahead in the emerging digital payment business. They're making sure they're in the game along with tech companies, retailers and phone companies.
Samsung teases its next smartphone while showing off a new tablet and streaming media box, and WebOS is alive -- in smart TVs.
Samsung is the premiere partner for Visa's recently announced Visa Ready Partner Program.