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[IP] Companies Test 'Contactless' Credit Cards

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

Dave




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Date: Sat, 13 Dec 2003 08:43:19 -0500
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From: Monty Solomon <monty@xxxxxxxxxx>
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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