Japan firm develops iPhone e-payment system
News On Japan via hispanicbusiness.com -- Nov 07
System Design Co., a computer device developer in this central Japan city, has developed a device that allows the iPhone smartphone to make electronic payments.
Payment can be completed by holding the iPhone over System Design's ultrasonic receiver-transmitter, with details such as the cash amount displayed on the iPhone screen, officials of the Japanese firm said.
The iPhone of Apple Inc. of the United States has no noncontact electronic money payment system such as the "Osaifu-Keitai," or mobile wallet, that is increasingly used in Japan at such outlets as convenience stores.
The new device uses the iPhone's microphone and speaker for ultrasonic data communication. Special application software ensures safety of the system.
Source: hispanicbusiness.com
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