Tag Archives: Andy Kleitsch

Coming soon to a phone near you: iMoney

Like it or not, the notion of a so-called “cashless society” is only a few implementations shy of reality – and we’d bet (which means we don’t know for sure) ┬áthat future mobile phones – including the iPhone (future version) – will eventually carry RFID chips (or an equivalent technology) to help ensure your identity when making any kind of payment.

There’s been signs of this before, with banks introducing various account management applications for the iPhone. While these stop short at use of these devices as a payment or debit card at least one major force in the banking industry payment solutions world is working on a solution that does just that.

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