toggle

AAPL Stock: 111.32 ( + 1.63 )

Printed from http://www.macnn.com

Citibank, Nokia trial credit card phones in NYC

updated 04:20 pm EST, Thu December 14, 2006

Credit Card Phones in NYC

A test service has been launched in New York City that will let Americans pay for items wirelessly through their cellphones. Called simply the NYC Mobile Trial, the test is a collaboration between Citibank and cellphone designer Nokia that takes advantage of near-field communications (NFC) to tap a subscriber's bank account or MasterCard and transmit money directly to stores, which are currently limited to select retail shops and subway stations. Japanese cellphone users have been able to use NFC systems such as FeliCa to pay for service in recent years, but the technology has generally met resistance in North America due to less refined cellphones and security fears.

New York City residents have until December 20th to sign up for the Mobile Trial and will receive a custom Nokia phone alongside free access to the payment service, but will need to hold both a Cingular wireless plan and a Citibank account.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented