NFC or Near Field Communication is a new technology on cellphones that enables them to make contactless electronic payments. The phone made by Mobicom is not the first cellphone with NFC technology, but it could be the first in partnership with a major credit card provider.
There’s not much detail we can give you, but you can always check out the details in the FCC site. The candybar phone looks nice, to be honest, and with the usual features like an MP3 player. Whether it will sell branded as a credit card company phone remains to be seen.
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