Companies Test 'Contactless' Credit Cards

[Dave Farber <dave () farber net>]

At long last!!. How do I get one!!??

Dave



> Delivered-To: dfarber+ () ux13 sp cs cmu edu
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> 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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