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Remote Payment – via mobile phone

Good-bye to credit cards, traveller's cheques and cash: by the year 2012, we will be paying via cellphone. It should be enough to hold the phone near a terminal, and the amount will be automatically withdrawn from your bank account. Whether for paying the baker or hairdresser, supermarket or pharmacist, the mobile phone will become a money machine. At least, that is how six major banks, which have formed a consortium with French mobile operators and two credit card companies, see it. France is a world leader in this technology, and Payez Mobile has already gone a long way. It has launched a large scale field trial, equipping 1000 people with mobile handsets outfitted with a short-range radio, to see how the system works in practice. Paris is home to the headquarters of Orange, France Telecom's mobile operator, which is a major participant in the project. Klaus Enderle visited Hussem Assadi, who is in charge of the trial at Orange.

DW-World | March 4, 2008Watch more videos from DW-World

Tags:. .travellers. .system. .should. .large. .radio











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