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IN THE FUTURE, consumers may be able to make contactless payments from any smartphone using light instead of NFC. OPTO is a patent-pending contactless technology, which transmits encrypted data via colour-encoded light signals of different frequencies to an optical reader. OPTO uses light from the smartphone screen, which unlike NFC is common to all smartphones. [...]
The post CONTACTLESS AT THE SPEED OF LIGHT appeared first on Payments Cards & Mobile.
