From ringing coins in Japan disposed of using a mobile phone

One of the most popular ways of calculating the seller in many Western countries, and to this day is the payment of purchases through credit or debit card. With the advent of the Internet into our lives, some companies have repeatedly tried to replace such an unprotected credit card, "electronic money", but so far unsuccessfully. Try your luck in this field has decided to Japanese firm V-Sync, which presented an entirely new electronic payment system, which many experts believe, could win the confidence of today's consumers and settle down, at least in the Japanese market. The essence of the system is extremely simple. Special device the size of a matchbook under the name CoCyph attached to a battery of mobile phone with Internet access. To pay for the purchase to the owner of this mobile handset need only bring this "gadget" to the purchased goods and wait for the "electronic wallet" will do everything else myself. For example, using an infrared beam, "gadget scans the necessary information about the product and the Internet transmits data to the operations center from which the account is automatically transferred to the store a certain amount, and the owner of such a" purse "instantly sent a confirmation of the transaction. The whole procedure, according to the creators of the system takes a few seconds. What are the advantages of such a payment system? Firstly, the cost of its implementation are minimal. All that is necessary for the cashier to receive payment for the purchase - this simple little device the size of a calculator that cost about $ 200, while a machine to read information from cards costing ten times as expensive. Secondly, CoCyph, experts say V-Sync, provides full protection of the user. In contrast to the payment of plastic card holder CoCyph not need to disclose personal information about its electronic invoice. On the contrary, he uses data provided by the seller. In the case of loss of "gadget" you can immediately block the account. And, thirdly, CoCyph much more convenient and more elegant than the ringing in your pocket change or multiple credit cards. According to Katsumi Fujii, head of the company V-Sync, a new development today are interested in large corporations in Japan, many of whom have their own representation on the Internet. They are confident in the success of "Baby" CoCyph in the country, the total number of mobile phone owners that already exceeds 120 million. Sources, Materials: