RFID Helps Feed Parking Meters

"A Canadian company is adding RFID technology to its popular pay-by-cellular phone parking application, making a wave of a credit or ATM card as powerful as a fistful of quarters. Vancouver-based Digital Payment Technologies Corp. expects to add radio frequency identification technology (RFID) in February. The pay-by-cellular phone service running on IBM Corp. technology put Digital Payment Technologies on the radar of many cities and universities nationwide by letting drivers dial a toll-free telephone number to initiate an account, and provide their parking stall numbers to pay by phone with an ATM card, MasterCard, or Visa. With so many banks issuing cards with embedded RFID chips, Digital Payment Technologies is adding the ability to wave cards before an RFID reader rather than to swipe its magnetic strip." Source: informationweek.com