Visa wants iPhone owners to be able to make payments with their phone at special terminals. The wireless credit card payment system is the first of its kind and will involve a customized payment software called Visa payWave, which will come pre-installed on a memory card.

The iPhone lacks an external memory slot, so this system will require you to buy a new iPhone case that has one. Are you ready to use your iPhone for wireless payments? Do you trust a system like this?

[SB]

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