Straits Times: Make card payments through cell phones

Steve Dawson reports from Singapore on a service lets users store credit-card details in phones and use them to pay for purchases, such as movie tickets.

Best-selling phone manufacturer Nokia first introduced its wallet application in its 6510 model during the first quarter of this year. Since then, it has been a feature on seven of its latest models.

Nokia has developed the wallet application according to open Electronic Commerce Modelling Language standards. That means that it can be installed and implemented by other phone manufacturers as well.

The forthcoming announcement also involves Visa, whose credit-card accounts will be the first that customers can use with the system, and Nets, whose technology is the infrastructure on which it will all be based.

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