Paying by Credit Could be as Easy as Waving a Wand

As if swiping a card at the checkout counter weren't fast enough, credit companies soon will let you buy goods by simply tapping a card, waving a key fob or holding a cell phone next to the cash register. Visa, MasterCard and American Express all are planning nationwide rollouts this year of "contactless payment" programs. Credit-card companies want to embed RFID technology in their plastic cards, key fobs or other devices that many consumers always carry with them, such as a cell phone or a handheld computer. Source: IndyStar