Cingular, Nokia testing “Tap & Go” payment and “smart media posters” in NYC

As the Japanese are paying for Coca-Cola with their phones at vending machines, this type of payment system is very new in the U.S.
Cingular, Nokia, Citigroup and MasterCard are now teaming up to trial new “Near Field Communication” (NFC) - enabled mobile phones with MasterCard PayPass contactless payment capability. See The NYC Mobile Trial. The trial will last for 3-6 months and allow users to pay with their phones at retail locations with PayPass, and download entertainment content from smart posters.
To make a purchase, users will tap the phone against any PayPass reader. To download content from a smart poster users will tap the trial phone on the download symbol located on the poster. Read the press release.








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Cingular lets you pay via cell phone; tipping via text message coming soon?…
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