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A Cash Call

A cash call
Feb 15th 2007 | LONDON, NEW YORK AND TOKYO
From The Economist print edition

Smart cards and mobile phones are quickly emerging as ways to pay with electronic cash

SOME of the hottest nightclubs have a new trick for checking the identity of their VIP guests: they send an entry pass in the form of a super barcode to their mobile phones. This is scanned by the large gentleman who lifts the velvet rope. Even those who must pay to get in may need their handsets: at a recent clubbers' night at London's Ministry of Sound, students were offered discounts if they used their mobile phones to buy electronic tickets.
Mobile phones are becoming an increasingly popular way to make all sorts of payments. In America fans of the Atlanta Hawks have been testing specially adapted Nokia handsets linked to their Visa cards to enter their local stadium and to buy refreshments. Elsewhere schemes are more advanced. You can already pass the day in Austria without carrying......


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Approximate Word Count: 1194
Approximate Pages: 5 (250 words per double-spaced page)

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