BetaNews | MasterCard to Offer Swipeless Cards

BetaNews | MasterCard to Offer Swipeless Cards: "MasterCard said at an industry conference in Memphis Monday that it planned to have nearly four million 'swipeless' RFID credit cards in circulation by year's end. Dubbed PayPass, a user will only have to wave his or her card in front of a sensor to make a payment on the item. American Express announced a similar service in June."