Samsung, Visa to give NFC payments a boost
Samsung and Visa are joining forces to offer smartphone users the ability to make mobile payments through NFC technology in London next year as part of the 2012 Olympic games.
Using special Samsung Olympic and Paralympic Games mobile phones, attendees in London before and during the games will be able to buy items on the go through near-field communications, an emerging technology that lets people send payments by phone directly from their bank accounts to special terminals.
Samsung and Visa join a growing number of companies hopping onto the NFC bandwagon. Dangling the lure of wallet-free purchases, an array of … Read more