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Bank of America tests contactless payment 'fobs'

The largest consumer bank in the U.S. will test contactless cards, as Bank of America has decided to test consumer interest by partnering with Oberthur Card Systems.

The new contactless payment fobs will be part of a trial to test radio frequency contactless payment companion devices. My guess is that contactless payment options will become a mainstay of banking services in a few years -- if not sooner.

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