RFID: Paying for Purchases the Contactless Way white paper PDF

This white paper from the CUNA Technology Council outlines the potential of RFID (radio frequency identification) along with ways to educate members about its convenience and functionality. It examines how radio frequency, an under-utilized technology, has continued to emerge as the dominant form in the larger group known as "contactless" payment options. These options may likely be the new consumer trend in paying for high-volume, low-dollar amount purchases of $25 or less. With Jupiter Research estimating that 400 million consumers will possibly be carrying a contactless payment device by 2009, education will likely be required to alleviate members concerns about security and privacy.

This white paper is free for CUNA Council members.

Author: Darla Dernovsek, July 2006

This item is an Adobe PDF.