Nokia and smartcard supplier Giesecke and Devrient announced a joint venture last week to turn mobile handsets into credit cards, using a new technology called near-field communications (NFC). Nokia says that users will eventually download an application over the air onto their NFC-capable device, and then have things like credit card functionality or public transport tickets available for use on their BlackBerry or cell phone.
“It’s just a matter of equipping your mobile device with an NFC chip and an antenna to pick up the radio frequency. That can be done on today’s SIM card with separate connectivity, or it can be actually built into the hardware,” G&D local marketing director David Curtis said.
Cool stuff, but does this mean that the waiter at my favorite restaurant will have to cut my BlackBerry in half if the bill doesn’t go through?