18 Sep '11, 10pm

For the future of mobile payment, there is MasterCard

NEW YORK - If MasterCard gets its way, you will be able to buy a product off the TV simply by waving your credit card in front of it. At a showcase for journalists on Thursday, MasterCard unveiled this integrated feature with Xbox Kinect as one of several mobile payment technologies it is developing. Online tech newsite Mashable reported that while the focus of the event was on Google Wallet - of which MasterCard is an exclusive launch partner - MasterCard also announced ideas it had for mobile payments in the future. While Google Wallet is a combination of credit cards' loyalty programmes into one checkout system using mobile phones, MasterCard's prototypes take mobile payment beyond the checkout line. For example, an app called QkR takes payments from just about anywhere: It can read codes from posters or TV screens for an option to buy an item. This is similar to song-i...

Full article: http://www.todayonline.com/TechandDigital/Digital/EDC1109...

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