Contactless Smart Cards, RFID, Payment, Transit and Security

Philips and Visa partner for contactless payments

Thursday, May 1, 2003

Visa and Philips are working in tandem to push secure contactless payments into non-traditional payment venues. While both companies are already major players in the advanced payments space, and Philips holds a position as one of the world’s premiere manufacturers of consumer electronics, this announcement suggests a recognition of the burgeoning market for payments via a variety of connected consumer electronics devices.

There are 60 words in the rest of this article …

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