An anonymous reader writes
"On Monday, the 3 largest telco's in Canada will release a mobile payment platform (link) to all cellphone users of their base customers. From the cbc.ca article,
"Canada's three main wireless carriers are planning to launch a mobile payment service on Monday, one that will allow their customers to send, request and receive money via their mobile phones.....Money can be drawn from an account the user sets up or from their credit card. Each withdrawal will cost 50 cents from the account, or 3.5 per cent of the transaction if from a credit card. (As a result, sending dollar amounts under $15 are actually cheaper to do using a credit card...Robin Dua, president of Enstream, said he hopes the service's use of the NFC-enabled cards will pave the way for future adoption of NFC chip-enabled phones."
While I hate being charged to use my money as much as the next guy, for ANYONE who's visited Japan or Korea can attest to, FINALLY getting some traction in seeing some American development in getting NFC chips inside of cellphones is awesome."