Phone makers & telecom join hands on mobile payment

Nokia announced on Wed. that they will join the GSMA mobile payment initiative. Along with LG and Samsung, the company will start manufacture phone with NFC embedded. How many of their total sales will be enabled with NFC? Is it an attempt to tell other carriers and financial institutions that the eggs are ready.

WaMu will try 'contactless payment' cards

No specific market details are available. The test will involve both credit and debit cards through Visa.