Credit-Card Payments via SMS Now Possible
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A new patent-pending technology from Briza Technologies will enable wireless operators to provide credit-card transactions via short-messaging services (SMS) -- without any upgrades to their infrastructures.
Hillsborough, N.J.-based Briza's technology uses a proprietary encoded SMS message and it is compatible with all major air interfaces, including TDMA, CDMA, and GSM.
The entire system consists of the technology and the SMS Credit Card Terminal -- a single portable machine including a credit-card reader (compatible with ANSI 7811 and all other credit card standards), printer, display, and built-in mobile phone transceiver.
The SMS terminal can be physically separated from the mobile phone transceiver and it may be connected to an existing mobile phone via Bluetooth, IrDA, or other similar IEEE interface communication protocols for short-range communication. PDAs and other portable computers may also be used, as they become available or needed.
The new technology should be available for deployment in other countries in the second quarter of next year, company officials said.
Bob Woods is the managing editor of InstantMessagingPlanet.