Interesting People mailing list archives
Companies Test 'Contactless' Credit Cards
From: Dave Farber <dave () farber net>
Date: Sat, 13 Dec 2003 08:51:46 -0500
At long last!!. How do I get one!!?? Dave
Delivered-To: dfarber+ () ux13 sp cs cmu edu X-Sender: @ (Unverified) Date: Sat, 13 Dec 2003 08:43:19 -0500 To: undisclosed-recipient:; From: Monty Solomon <monty () roscom com> Subject: Companies Test 'Contactless' Credit Cards Companies Test 'Contactless' Credit Cards - Dec 12, 2003 02:21 PM (AP Online) By BRIAN BERGSTEIN AP Technology Writer NEW YORK (AP) -- The familiar process of buying something with a credit card _ handing the plastic to the clerk or swiping it yourself, then waiting for approval and signing the receipt _ could be headed the way of the mechanical brass cash register. For more than a year, MasterCard and American Express have been testing "contactless" versions of their credit cards. The cards need only be held near a special reader for a sale to go through _ though the consumer can still get a receipt. The card companies say the system is much faster and safer because the card never leaves a customer's hand. ... - http://finance.lycos.com/home/news/story.asp?story=36828893
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- Companies Test 'Contactless' Credit Cards Dave Farber (Dec 13)