Goodbye Wallet: Pay with just a swipe from your Visa on your iPhone
May 5th, 2010
In a joint press release from Visa and DeviceFidelity on the MarketWatch, website plans were revealed for developing a protective case for the iPhone that will allow users “to make payments by simply waving their iPhone in front of a contactless payment terminal.”
The release was only online for moments, but long enough for NFC World to find, and The Register and Tuaw to pick up on.

The idea is that these new iPhone cases will have an embedded secure memory card that will host Visa’s payment application, Visa payWave. Wherever there is a Visa contact-less payment terminal, it will be a potential spot for iPhone using Visa account holders to pay for goods or services using their Visa account. The announced case contains a secure element from DeviceFidelity, as well as NFC hardware, enabling users to pay with a wave of their 3G or 3GS iPhone.
There is currently no release date for the Visa-compatible case, however beta versions are expected to start this summer. This technology may change the way iPhone users pay using their credit cards, as other credit card companies will likely follow suit, which will thin out my wallet…or maybe I won’t even need it. Now all we need is an app for starting your car, blowing your nose, and applying make-up. Goodbye purses and murses, your iPhone will be the only thing you need to carry around.










