25 Oct '11, 9pm

Home Hot News Buy things with mobile phones? This may be reality from mid-2012

SINGAPORE - At the shopping mall, the consumer only needs to use his mobile phone to pay for his purchases by tapping it over a reader. When he dines out in the evening, he may not even need to place an order for his dinner as information about his usual orders can be recorded by the restaurant. And on his way home, he could tap his phone on the bus or MRT to pay the fare. Such a scenario may soon become reality when consumers here are allowed to tap and pay for their purchases at more than 20,000 retail points and taxis from the middle of next year with Near Field Communication (NFC) technology. NFC is short-range wireless communications technology that allows mobile phones and NFC readers to communicate and conclude transactions within a 4-cm distance. The Infocomm Development Authority of Singapore (IDA) announced during a press conference yesterday that it had awarded ...

Full article: http://www.todayonline.com/Hotnews/EDC111026-0000201/Buy-...

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