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Here is that the Royal Bank of Canada and Visa recently announced the launching of a pilot project to test the payment by credit card, but with a cell phone. The pilot testing will be conducted in Ontario include several step. Laboratory tests, a pilot project with the staff of the RBC and tested with consumers. It is insert chips NFC (Near Field Communication) in cellphone, which will allow the client to pay for their purchases with Visa payWave that technology will also be used in conjunction with traditional credit cards.

"Handheld communication devices are already as indispensable as wallets," said Anne Koski, head, Payments Innovation in RBC's Cards division. "Many of our clients would appreciate the convenience of making purchases through their mobile phones rather than fumbling for cash when trying to get through a busy checkout line. Mobile devices, much like electronic payments, have become a mainstay in people's lives, so combining the two securely makes a lot of sense."


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