globeandmail.com: Paying for goods – on the fly

Mastercard's new paypass system is starting to gain some visibility. Now you can use it in Tim Horton drive-throughs and at Loblaws for groceries along with numerous other outlets. It's one example of the new tap-and-go technology, a payment system that uses plastic, but differs from credit cards and debit cards in that they don't need passwords and you just tap a screen with it and the payment goes through. Similar technology has been available at ESSO stations and other outlets for several years. As a society, we have been looking for convenient ways to make small payments since technology began to rule. Eventually we will use cell pones, but in the meantime, you'll continue to see Paypass and competing products popping up here and there. globeandmail.com: Paying for goods – on the fly