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Technology Stocks : Bluetooth: from RF semiconductors to softw. applications -- Ignore unavailable to you. Want to Upgrade?

To: Mats Ericsson who wrote (64)	11/18/1999 6:19:00 PM
From: Mats Ericsson	Read Replies (2) \| Respond to of 322

Ericsson,Visa to develop mobile payment systems STOCKHOLM, Nov 17 (Reuters) - Swedish telecoms equipment maker Ericsson <LMEb.ST> and credit card company Visa International have signed a deal to develop secure payments over the Internet via a mobile terminal, Ericsson said on Wednesday. The two companies will develop a payment solution for mobile electronic commerce using Ericsson's Bluetooth wireless wallet. A smart card can be inserted into the wireless wallet, which can then connect to mobile devices through Bluetooth technology -- where devices can communicate by short range radio frequency rather than cables. The service will allow customers to buy cinema tickets over the Internet using WAP (Wireless Application Protocol) technology-based mobile phones, which are currently being launched. Ericsson shares were up 6.5 crowns at 391.5 crowns in a positive market. (This is the BT-part of development in which they make cellphnes act like eMoney valets, buss-tickets etc.)