Companies Test 'Contactless' Credit Cards - AP
The familiar process of buying something with a credit card - handing the plastic to the clerk or swiping it yourself, then waiting for approval and signing the receipt - could be headed the way of the mechanical brass cash register. For more than a year, MasterCard and American Express have been testing 'contactless' versions of their credit cards. The cards need only be held near a special reader for a sale to go through - though the consumer can still get a receipt.