Ever since those swipe and pay credit cards appeared you just knew they were going to try and put them into your phone along with your oyster card and other such technology and now here it comes. You will soon be able to place your iPhone into a special Visa payWave pouch start waving it about and forget how much money you’ve wasted on crap.
The technology will be possible thanks to a protective iPhone case that will include a secure memory card that will hold Visa’s contactless payment application, called Visa payWave. The application, which is compatible with the iPhone 3G and iPhone 3GS, can be password protected and includes advanced security technology to uniquely identify each contactless transaction.
At the minute it is only for the iPhone but i’m sure they’ll integrate other phones soon.