Iconoculture: FaceCash, the innovative mobile payment platform launched by one of Facebook’s founders, is about to get a trial run in the real world. Select Subway restaurants in Southern California will be accepting FaceCash payments at the register beginning in November 2010. FaceCash is a free app for smartphones that operates like a funded debit or cash card. Its security features include a photo of the user that appears on the merchant’s monitor at the time of purchase.
FaceCash brings mobile payments to Subway sandwich shops [Iconoculture]
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“launched by one of Facebook’s founders”
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