Visa has a Mobile Payments Solution

VISA Mobile Payments 

Visa, the world's biggest credit card payment system, has launched a global system to turn mobile phones into wallets for millions of customers in a deal with the world's top handset producer, Nokia. Users can pay for groceries and other purchases by swiping a phone over a reader that electronically communicates with a microchip on the phone. Phone owners confirm the purchase with the push of a button and the deal is complete.

https://today.reuters.com/news/articlenews.aspx?type=technologyNews&storyid=2007-01-09T211320Z_01_L09157007_RTRUKOC_0_US-ELECTRONICS-SHOW-VISA.xml

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