Tuesday, May 22, 2012
Canada smartphones soon to double as credit cards
TORONTO - Canadians may soon be able to pay for purchases with a quick tap of their smartphones after a major bank and the country's largest wireless carrier struck a deal to embed credit card information on handsets equipped with a chip to transmit data. Photo: CorbisRogers Communications Inc and Canadian Imperial Bank of Commerce later this year will launch the so-called mobile wallet on some BlackBerry models from Research In Motion Ltd. Devices from other handset makers are expected to
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