February 19, 2009
“Some believe it will be three to five years before money goes out of fashion and a truly cashless society emerges. Experts in the Silicon Valley say many hurdles still need to be cleared to move the system into the mainstream. These include technology challenges as well as high up-front costs, security and enough of [...]
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January 28, 2009
“The Department for Transport [UK] has completed the first live ticketing trial using the government-mandated ITSO smartcard standard. The six-month trial in the north-west of England involved two bus operators and 36 passengers using near-field communication (NFC)-enabled mobile phones to pay for bus tickets. The first aim of the pilot was to demonstrate the viability [...]
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