Credit card payments with the wave of a cell phone.

• Position: Brief article

RBC Royal Bank of Canada, Visa and Rogers Wireless have joined forces for the next phase of a mobile phone payment pilot, which will ultimately allow Canadians the flexibility to make purchases securely at the point of sales with a wave of their mobile telephone. The customer phase of the mobile phone payment pilot is expected to launch in mid-2009, following a brief employee pilot.

Designed to be a fast and convenient way for customers to pay for small purchases, pilot participants will be issued specially equipped mobile phones that can simply be waved at Visa pay Wave-enabled checkout readers at select retail stores and quick-service restaurants...