What happens when you cross a SIM Card and a Credit Card? You get SmartPass
the new cloud based NFC-based payment system that allows cashless payments
via the users smartphone.
Developed as a joint venture of both Visa and Vodafone and recently unveiled
in Australia, SmartPass is essentially an app. It is available to all
smartphones on the Vodafone network that are equipped with Near Field
Communication (NFC) capability. Most mid to high end smartphones purchased
over the past year would have NFC.
In addition to downloading the app you would need to order an NFC SIM card
from Vodafone. The SIM card and the App work together with a cloud based user
account that tops itself up from the users Visa or MasterCard before a
payment.
The new technology can be used on the high-street as it uses payWave, a type
of receiver which is currently installed in more than 100,000 l... (more)