Wednesday, April 29, 2009

Cellphone ATM

I love it when people laugh at you when you saw the globalists are working toward a cashless society for control -- especially when the agenda-pushers inform you they are going in just that direction (don't worry, 'murkn, it's a good thing).

"The digital wallet; Mobile banking may render credit cards and cash obsolete" by Hiawatha Bray, Globe Staff | April 29, 2009

Your cellphone can't give you cash.... But it can do the next best thing. By adding a radio frequency identification chip to the phone, it can be used to buy products at retail stores.

As more retailers begin using the chip-reading checkout system, Khan predicted, consumers will grow comfortable with the technology and begin demanding wallet phones.

Not me!


Khan says digital wallet technology is very secure, even though credit data is being radioed from the phone to the checkout device.

Yeah, there aren't any problems with identity thefts or lost information or things like that.


The phone's chip generates a unique code number for each transaction, so data intercepted by criminals couldn't be used to make any more purchases.

Promises, promises.

Still, it'll be years before most retailers will be able to accept cellphone payments. But efficiency-minded consumers like Kastner will welcome the change. "That would be one step closer to removing currency from my life," he said. "It's as simple as that. Convenience."

--more--"

Yeah, BRING on the TYRANNY of the SURVEILLANCE STATE because it's CONVENIENT!!


Btw, how will the CIA launder drug money then?