Payment Systems
China Embraces RFID Smart Cards
A new study says the Chinese market for contactless payment systems will soon be growing by 40 percent per year.Gemplus Posts Loss Amid Turmoil
The troubled French smart card maker posted a third-quarter net loss of US$38.3 million, as board battle drags on.Inside’s Next-Gen Smart Card
The French company plans to introduce an RFID card that uses a 16-bit microprocessor and new encryption technology.U.S. Smart Card Use Up Sharply
From January through June 2002, unit shipments more than doubled to 31.2 million, according to a new study.Amusement Parks Adopting RFID
RFID is being used in attractions and as a convenient way to pay for everything from lockers to refreshments.Sony, Philips Creating RFID Link
Consumer electronics giants are jointly developing a new RFID standard for payments and for communication between devices.Japan Gets Digital Ticket System
A national ticket seller and phone company are teaming up to create an electronic-ticket network.RFID Payment System for Cars
iPIN, a transaction payment infrastructure copany, is working with an unnamed auto manufacturer to develop an RFID payment network.Cashless Payments Go Wireless
USA Technologies has added wireless wide area network and Wi-Fi capabilities to its low-cost cashless transaction system.