Visa Expands Contactless Card Efforts
April 01, 2006Courtesy of InformationWeek
Advances in standards and technology have Visa believing now's the time for the United States to embrace radio-frequency-enabled contactless payment devices that can be waved near a sensor rather than having to be swiped through a card reader. These devices can take the form of a standard credit or debit card, a chip implanted in a cell phone, or a mini card that's about half the size of a conventional credit card.
Source: http://www.securitypipeline.com/