Canada's INTERAC Partners with INSIDE for Contactless Debit Cards
Canada's Interac Association has announced a partnership with INSIDE Contactless, the world leader in open-standard contactless chip technologies to develop chips containing the specifications for INTERAC’s contactless payment service. According to the companies, this partnership will enable Interac Association and its members to offer their debit card users a “next generation” retail payments solution.
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I predict that when President-elect Obama is replaced by the next president in 2017 that will still be the case [we'll still be using mag stripe cards], albeit waning by that time. What do you think? Will we finally be issuing Chip Cards? Will it be RFID? Will it all be replaced by our mobile phones acting as payment cards or devices?












