Moneto sets the Galaxy S up for contactless payments, coming to more Android devices soon

Last month Moneto revealed plans to bring their NFC-enabled microSD card payment system to Android phones. Now the first compatible cards are available for purchase. There is a catch, however. While the Moneto system is technically capable of working with nearly any Android handset with a microSD card slot, the initial rollout is only compatible with a few devices in Samsung’s Galaxy S line, including the Vibrant, Fascinate, and Galaxy S 4G.

The price to pay to bring a world of contactless payments to your palm is $30. Moneto is promising support for 40 more Android devices very soon, so those without a Galaxy S but still wishing to join the mobile payment revolution shouldn’t have to wait too much longer.

[Moneto via Engadget]

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TAGS: Samsung Fascinate , Samsung Galaxy S , Samsung Galaxy S 4G , Samsung Vibrant

  • KRS_Won

    I think NFC/SD cards will have to be 16gb before people start to widely accept them.  I’m glad there are options for those that can’t afford a G-Nex.  And I’m sure that the memory is low to more it affordable, but it’s just not an even trade as far as I’m concerned. With Verizon (maybe others) starting a new trend of selling Android phones without SD cards to keep initial purchase down, I’m positive this tech is missing a jump start on a hugely available market.

  • John Robert Peters

    So I’m just assuming that this doesn’t have any memory on it so by me wanting to use nfc I have to give up 32 gb of space…that totally doesn’t fly with me.

    • Anjie Cai

      1 gb, 30 bucks, not worth it

      • KRS_Won

        A regular 1gb SD card sales for around $15 dollars, so I’d say the other $15 is the NFC “tech.”  I’d pay an extra $15 dollars over the cost of a 16gb or 32gb card to get NFC capabilites.  Netcom makes one, but it is still only 8gb, not enough either.

        • Anjie Cai

          seriously? got miy 32gb class 10 for 30 bucks lol

          • Mark Seven

            I need one of those

          • Anjie Cai

            watch out for daily steals and amazon deals. You can get a 32 gb class 4 on amazon for 33

  • Daniel Rosseau

    I’m really hoping they increase to at least 16GB cards and keep the price down.  The only reason I want to give up my Atrix is for NFC payments.  This would allow me to keep it much longer.  Maybe it will even support Google Wallet?  A man can hope at right?

  • Aaron soles

    Maybe if they did a trade In program with your sd cards for one with same capacity and get a discount.

  • Off_Road_Racing

    I don’t know why they have a picture of an iPhone there. Where they planning on putting that MicroSD Chip? 

    • Mark Seven

      I know right.  Apparently they make a case with an NFC chip for the iPhone since it doesn’t use SD.

  • Mark Seven

    Instead of opening a whole new prepaid credit/debit card account I’d rather it link to one of my current debit cards instead, also I would need at least 16GB for app storage.