The Nexus S also contains near field communications (NFC) technology for contactless payments and other transactions.
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Major retailers that offer, or are introducing, contactless include Waitrose, McDonalds, Boots, WH Smith and Tesco.
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Contactless payment will not be available on the Underground until the end of 2013.
This includes contact and contactless payments, such as use of credit card or mobile device respectively.
The MasterCard study predicts 150 million mobile devices will be contactless enabled within the next few years.
Currently, more than 100, 000 U.S. retail locations offer contactless readers that accept Zip transactions at cash registers.
Discover began issuing Discover Zip contactless credit cards and stickers on Nov. 15.
This will open up the opportunity for contactless payments to more Orange customers.
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Bus passengers in London can now choose to pay fares with a contactless card, Transport for London (TfL) has said.
Today, we're working with a number of companies to lead, in terms of contactless and mobile devices interfacing with ATM's.
It is a contactless radio technology that can transmit data between two devices within a few centimeters of each other.
Its patent-pending In2Pay microSD solution, transforms any mobile phone with a memory card slot into an interactive contactless transaction device.
ENGADGET: In2Pay is the name of Visa and DeviceFidelity's money-grubbing iPhone case
It's been a long time coming but from Thursday passengers can pay for bus fares using a contactless bankcard.
While this increased spending may be good news for banks and retailers, contactless payments can be dangerous to the household budget.
Committed to bringing contactless innovation to the mobile phone, the company has numerous patents pending in both U.S. and international patent offices.
ENGADGET: In2Pay is the name of Visa and DeviceFidelity's money-grubbing iPhone case
Discussions are also under way with the train operating companies that serve London about accepting contactless payment cards where Oyster is currently accepted.
Applications include contactless transactions such as payment and transit ticketing, keys, data transfers including electronic business cards, and access to online digital content.
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With tools like NFCProxy making contactless card fraud more practical all the time, that difficulty is starting to seem like less of a safeguard.
Contactless payments take place with credit cards or smart phones that have chips implanted with radio frequency identification, commonly referred to as RFID.
The announcement comes as Visa predicts that the number of contactless point-of-sale terminals in the UK will rise by 50% to 150, 000 this year.
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In May, it announced plans to offer a digital wallet that includes payments and coupons and wireless, phone-based transactions based on its contactless PayWave technology.
By placing a removable In2Pay microSD into the protective case, iPhone users can take advantage of In2Pay's secure contactless capabilities where contactless transactions are offered.
ENGADGET: In2Pay is the name of Visa and DeviceFidelity's money-grubbing iPhone case
Swatch also sees great potential for watches as contactless digital wallets.
DeviceFidelity's In2Pay microSD provides secure, convenient one-click access to contactless transactions.
ENGADGET: In2Pay is the name of Visa and DeviceFidelity's money-grubbing iPhone case
Among the topics covered in the report are the rise of payment platforms, the mobilization of money, and the advent of contactless payment in mobile commerce.
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While more than 230K stores support another form of mobile payments called contactless, the consumer use rate is still far less than 10% of all transactions.
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One hang-over from introducing contactless bank cards on the buses to pay for your fare, is that some people are being charged on the wrong card.
Its Swatch Access contactless technology, launched way back in 1996, has since found several niche applications, including use as an electronic ski pass at hundreds of resorts.
Philips is developing the technology as a contactless system to keep a virtual eye on hospital patients, such as newborn babies, who might find conventional monitors distressing.
The solution combines DeviceFidelity's In2Pay microSD technology with a specially designed, patent-pending protective case that adds mobile contactless capability and works with iPhone 3GS and iPhone 3G.
ENGADGET: In2Pay is the name of Visa and DeviceFidelity's money-grubbing iPhone case
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