Leaked iPhone document show contactless payment technology in the works

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Date: Friday, May 7th, 2010, 05:05
Category: iPhone, News

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You’ve got to love the occasional press leak, as they yield some interesting things on the horizon.

NFC World recently spotted a release from Visa and DeviceFidelity on the MarketWatch website, which revealed that the companies have developed a protective iPhone case that will allow users to pay for goods and services “by simply waving their iPhone in front of a contactless payment terminal”.

The release has since been removed from MarketWatch, but not before NFC World pasted the full text on its site.

The technology, developed by DeviceFidelity and certified by Apple, includes an iPhone case that holds a secure MicroSD card hosting Visa’s contactless payment application, Visa payWave. The release said that market trials of the “payment-enabled” iPhone are scheduled to start this summer.

The release said that the technology will also work with smart phones that have a suitable memory card slot.

Visa and DeviceFidelity announced plans to trial the technology in smart phones with memory card slots back in February. However, at the time, the iPhone was excluded from the trial because it did not have the required card slot.

Stay tuned for additional details as they become available.

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