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Thread: [7/29] Your Cell Phone Is So Money

  1. #1
    Senior Member Boricua's Avatar
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    Default [7/29] Your Cell Phone Is So Money

    Forgot your wallet? You'll need a better excuse than that for passing on the check. By next year, you'll be able to pay simply by swiping your cell phone a few inches from a cash register, with a new wireless standard called Near Field Communication.

    An NFC chip in your phone will send your credit-card number -- stored on your phone or on the chip -- by way of short-distance radio waves.

    An electronic reader at the checkout will decode the number and ring up your purchase. Unlike radio-frequency identification (RFID) and other existing contactless payment systems, NFC chips allow two-way information exchange by rolling an RF transmitter and reader into one five-millimeter package.

    That means the chip can also take in data, such as a receipt zapped to it by a cash register or a bus schedule from a tag embedded in a bus-stop sign.

    You don't even have to buy a new phone. When it hits stores next spring, the miniSD-card-size adapter from SanDisk can add NFC to any smartphone with a Symbian operating system when it hits stores next spring.

    The first pay-by-phone option should roll out later this year, with more applications to follow.

    Source: CNN

  2. #2

    Default Re: [7/29] Your Cell Phone Is So Money

    Are you fucking kidding me? So what happens if you lose your cell? Your minutes are fucked AND so is your credit. I'll be damned if I fuck with any of this shit.

    This shit is on some Big Brother stuff too. Motherfuckers will be able to keep tabs on you cause you got a chip in your phone that connects to some space satellite or some shit. Government will be able to know where you are at ALL times. :o

  3. #3
    Black Wallstreet Distrbtr PDP's Avatar
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    Default Re: [7/29] Your Cell Phone Is So Money

    ^they allready can,, havent you heard of the nextel chirp, thats some gps shit, most cell phones are gps enabled, wether you know it or not


    WANT BLACKWALLSTREET GEAR OR NJD GEAR, GO TO WWW.SCHELLSHOCKENT.COM TO GO TO MY STORE, I GOT THE OFFICIAL STORE, I AM THE ONLY OFFICIAL SELLER

    IF I COULD VOTE, I WOULD VOTE FOR BARACK OBAMA

  4. #4
    x marks the spot EXODUS's Avatar
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    Default Re: [7/29] Your Cell Phone Is So Money

    i don't trust all this new big brother technology though, so i've stopped walking with pagers, phones, watches or any type of cards with a magnetic stip on the back.. i roll cash only

    anyone good at this hacking?? now'd be a great time to figure out how we could charge peoples credit off their phone while just passing them bye..

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