You can pay by waving your Nokia 5100 next to a scanner. The scanner communicates with a wireless network and the money is subtracted from a debit card account. The snap-on cover, slated to arrive at stores in June, works with the 2Scoot wireless network. 2Scoot specializes in cashless transaction processing systems. Nokia plans to promote the SmartCover and RFID to retail, banking, and additional service industries and vendors that use cashless transactions.
Vendors can also send offers and promotions to the device that users can accept or decline.
Mobile phone users will also be able to control which card they use and where the payment money comes from. In related news, McDonald's is testing a new wireless payment system that will speed up its fast food. In Chicago, there are nine McDonald's locations where you can swipe your Exxon Mobil Speedpass transponder at devices located by the cash registers to pay for your burgers. In California, four restaurants allow you to purchase meals with the transponders used on highways to pay tolls. Massachusetts is interested in a similar system for the Massachusetts Turnpike , and has selected McDonald's to operate 11 food-service franchises along the historic roadway, some of which are testing the turnpike authority's Fast Lane transponder technology.