Soon digital security firm Gemalto’s new MasterCard PayPass SIM card will make NFC payments possible on all GSM phones—whether smart or dumb. It means that you’ll be able to use the SIM to manage and make mobile payments and—if it’s successful—the SIM could bring the first mass commercial rollout of NFC payments across the world. And this is awesome, because it means we’re another step closer to a wallet-less future. [Gemalto via Engadget]
One of the best techs in Japan is their regular use of NFC payments in mobile phones. While we don’t have that here in Australia yet, the next best thing is the Commonwealth Bank’s PayPass debit and credit cards, which will soon work in Bunnings and Dymocks stores around the country. More »
In Japan, paying for things with a wave of a cell phone is old hat. Clothing, food, movies, loose women—you name it, they’ve bought it using a phone. Americans? Not so much. Here’s why.