Paying With the Wave of a Cellphone 137
holy_calamity writes "Tech Review discusses how it will soon be possible to pay in stores by waving your cellphone over a contactless reader, thanks to new handsets due next year, and RFID stickers and cases offered today by firms including Visa. It's convenient for shoppers, but a major driver of the technology is the opportunity for retailers to gain access to their customers' cellphones and social networks for marketing purposes."
Re:Mobile banking (Score:3, Funny)
How many transactions will I be doing from my pocket on a crowded subway?
I don't know but with any luck you will be paying for my porn site subscription and enough credit to download the videos on my anonymous PAYG phone. I might have enough credit left to call uncle Osama too. I don't know which will be worse, explaining to your wife about the porn or to the police about the calls to suspicious people in Afghanistan.
Store loyalty cards... (Score:3, Funny)
are also "a benefit" to the customer, in terms of discounts. But again, your giving your data to the shop and anyone else they pass it to.
I don't use loyalty cards, I won't use this. If they want my data, let them break the law to get it, just like the government does.
Re:Let's just implant RFID chips in our hands (Score:1, Funny)
But then you can't pretend to be a Jedi by waving your hand and saying "I have paid for my drink".