Friday, May 07, 2010

Visa and DeviceFidelity working to bring mobile payment functionality to iPhone

Source: http://www.engadget.com/2010/05/06/visa-and-devicefidelity-working-to-bring-mobile-payment-function/

This ain't the first rodeo for Visa and DeviceFidelity, and if we had to guess, we suspect it won't be the last. Just a few short months after teaming up to bring contactless payments to any mobile with a microSD slot, the two are at it again -- this time aiming for the oh-so-tantalizing iPhone market. Reportedly, the tandem is toiling away in an effort to concoct a protective iPhone shell with a secure memory card that hosts Vista's contactless payment app, payWave. As it stands, the product would only function on the iPhone 3G and iPhone 3GS, leaving upcoming iPhone 4G / HD / Barhopper buyers out in the cold. As with any other payWave-enabled handset, this would allow users to simply tap and go when checking out, a process that our pals over in Japan have had down for centuries now. If all goes well, market trials of the payment-enabled iPhone are set to begin this summer, or approximately six months too late for anyone to seriously care.

Continue reading Visa and DeviceFidelity working to bring mobile payment functionality to iPhone

Visa and DeviceFidelity working to bring mobile payment functionality to iPhone originally appeared on Engadget on Thu, 06 May 2010 14:56:00 EST. Please see our terms for use of feeds.

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