This summer Salt Lake City area residents and merchants will be asked to take part in a pilot program aimed at getting them to use their mobile phones to pay for many of the things they buy in an initiative that will then be rolled out nationwide. The pilot effort is part of a major push by the credit card and online payment industry to get U.S. consumers and businesses to adopt mobile phone payments, as well as to use so-called smart cards, which are credit cards that transmit payment information through an embedded chip.
Participants at the Smart Card Alliance conference in downtown Salt Lake City said Wednesday they expect to see adoption of smart cards accelerate as they find increasing acceptance among consumers and as more businesses buy terminals to process the new payment technologies. Salt Lake Tribune
