http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/ Engadget Mobile Comments for "Wave-and-pay" system headed to Canada http://mobile.engadget.com/media/feedlogo.gif http://mobile.engadget.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/Nov 7th 2007 11:16PMhttp://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/
Mondex existed a decade ago and was a stelar system - you could load it up at a bank machine, or even at a payphone via the payphones built in card reader.

More recently, Bell Canada has a system in play called Dexit - unfortunately based on personal experience, the terminals at the retailers rarely work..if you actually find a retailer that supports it to begin with.

This system seems doomed to fail as well since it limited to supported cellphones.

Really, give us a keyfob or a chip embedded card...and then actually get retailers and banks onboard, and it'll work.]]>Nov 7th 2007 9:33PMhttp://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/Nov 7th 2007 10:04PMhttp://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/Nov 8th 2007 3:15AMhttp://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/Dec 26th 2007 3:10AMhttp://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/Man I miss living in Hong Kong where this type of tech was so common!
I do specifically shop as much as I can at my local CVS just because they've got AMEX Expresspay, which is basically the same thing. But I'd really like to not have to carry around even a credit card.]]>Nov 7th 2007 10:30PMhttp://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/At first special terminals for using it were necessary but now they have been integrated in the "normal" credit/debet card terminals. They can be charged with a maximum of 125 EUR to reduce the financial risk of losing a card since no pin, ID or signature is asked when you use it.
]]>Nov 8th 2007 2:43AMhttp://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/Nov 8th 2007 3:16AMhttp://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/http://mobile.engadget.com/2007/11/07/wave-and-pay-system-headed-to-canada/
This will fail, and I'm fine with that. Interac and the banks are already introduce chip-and-pin cards that are supposed to increase the security of debit systems and, well, it would make a lot more sense for Interac to introduce a KeyFOB for use instead of the credit card companies up here.]]>Nov 8th 2007 10:12AM