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CNET: No cash? Just blink

Winston Chai reports from Singapore:

To make a mobile payment, cell phone users have to call a dedicated telephone number and key in their passport or ATM (automated teller machine) card numbers. They will then be prompted for a bank-issued personal identification number (PIN), and a confirmation SMS (Short Message Service) message will be sent to their handphones. To complete the purchase, consumers have to display the confirmation SMS message to the cashiers.

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