Visa has just unveiled a new contactless payment dongle to help it bring wireless payment solutions to Europe even on phoes that are not NFC equipped such as the iPhone.
The dongle otherwise known as the Wireless Dynamics iCarte accessory simple slots onto the bottom of your iPhone and once you have downloaded the Visa iCarte App from the App Store your ready to make payments.
The iCarte payment dongle contains an antenna and an embedded Secure Element which safely stores the Visa mobile card. This then works with an iCarte to enable payments.
Once the Visa mobile card is activated, consumers can start making purchases by simply launching the app and touching their iPhone on any contactless-enabled point of sale terminal across Europe, without the need to enter their PIN*.
More information on the iCarte systems can be found on their website.
Via Engadget
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