RFID Credit cards

People who claim RFID marks the end of the world should probably stepaside for a moment now that Citibank is starting to release creditcards that use the radio technology. The MasterCard PayPass looks likea ordinary keychain, but the embedded RFID chip replaces thetraditional magnetic strip found on regular credit cards. Once waved infront of a PayPass reader, the user's credit card is automaticallycharged.

Source: gearlog.comAdded: 3 July 2006