RIM banks on ‘digital wallets’ – watch for it, tis how you’ll be paid

By James Berkow, Postmedia News

Research In Motion Ltd. is pushing its BlackBerry smart-phones into a market still dominated by folded pieces of leather. In the first step toward having Black-Berry smartphones take the place of physical wallets and security key cards, RIM announced a pilot project Wednesday that will see hundreds of Telefonica Digital employees use their BlackBerrys to make payments and access buildings.

Partnering with Spanish telecom giant Telefonica,the project will make use of near-field communications (NFC) technology to allow for extremely short-range wireless transfer of payment or identity in-formation. Using software called Telefonica Wallet, the project will start with 350 employees at Tele-fonica’s headquarters in Distrito Telefonica, Spain, before rolling out to several international markets by early next year.

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