Using your car key as a credit card?
Wednesday, October 22, 2008 - 15:28
in Mathematics & Economics
(PhysOrg.com) -- BMW Group Research and Technology and NXP Semiconductors, the independent semiconductor company founded by Philips, have unveiled a prototype of the world`s first multifunctional car key. The prototype features contactless payment, personalized access control, and advanced functionalities including public transport e-ticketing, to deliver an enhanced mobility experience. Powered by NXP's Smart security chip, the prototype - for the first time - allows drivers to perform quick, secure and convenient electronic payments with a car key, creating exciting new usage scenarios for future consumers.