Visa along with mobile payment provider DeviceFidelity, Inc. today announced the availability of its In2Pay solution for iPhone. The new contactless payment system allows you to use a a removable In2Pay microSD equipped protective case turning you iPhone into a credit card.
DeviceFidelity and Visa collaborated to combine Visa's contactless payment technology, Visa payWave, and In2Pay technology to transform a mobile phone with a microSD memory slot into a mobile contactless payment device.
The In2Pay case uses Visa's PayWave contactless payment system where you hold your credit card up to a scanner, and your credit card information is transmitted from a small chip embedded in your card. Instead of the standard RFID chip the In2Pay iPhone case utilizes removable and reprogrammable near-field communications (NFC) MicroSD card that stores and transmits your credit card information.
Once your chip is programmed and inserted into the In2Pay case simply activate the iPhone application, wave your phone in front of the Visa payWave terminal and your payment will be made automatically.
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