Nokia And Visa Team For Contactless Mobile Payments

Visa has joined forces with Nokia, Verisign and IBM to launch a global mobile payment system and help spur the delivery of the long-awaited electronic wallet. The first stage of Visa’s plan will let mobile users make payments and buy goods such as groceries by swiping their handsets over a reader that electronically communicates with a microchip on the phone.
Visa

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