Microsoft Patent Alludes to Mobile Wallet Plans
A patent filed by tech giant Microsoft reveals the company has a digital wallet service in the works, according to a report by Tom’s Guide.
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The patent, which was originally filed in September 2011, describes a “method that facilitates securing a wireless digital transaction” for goods and services. Microsoft’s patent further mentions the company’s intention to use devices that will contain mobile payment cards (m-cards), which will enable carries to utilize the up-and-coming trend of NFC payments.
The patent also disclosed Microsoft’s plans to protect carriers against fraud.
However, Microsoft did not reveal a timeline in which it plans to implement an NFC-based mobile wallet in Windows products.
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