http://www.eetimes.com/sys/news/OEG20040112S0009

Philips, Visa push contactless payments in consumer devices

By Junko Yoshida
EE Times
January 12, 2004 (10:01 a.m. ET)

LAS VEGAS Philips Semiconductors and Visa International joined forces at
the Consumer Electronics Show (CES) last week to demonstrate contactless
payment and connectivity applications based on a Philips-developed
technology called near-field communication.

Their goal is to build an infrastructure for universal payment card readers
in consumer electronics and mobile telecommunication devices. Philips will
embed NFC chips in various consumer devices while Visa provides an
authentication service. Under the plan, consumers should be able to
download data or pay for digital services through the NFC interface using a
contactless card or device with NFC-equipped consumer equipment.

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Internet trivia, 20th anv: http://www.garlic.com/~lynn/rfcietff.htm

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