Intel demonstrate contactless payments using an ultrabook at CES

CES showcased this week the early results of a collaboration between Intel and MasterCard for improving security and simplifying online transactions for both Intel ultrabook online merchants and MasterCard cardholders. Contactless payments (a.k.a NFC) is the latest buzzword. Intel demonstrated contactless payments using a prototype ultrabook, in which all you need to do was tap your credit card against the machine's palm rest. Intel have plans to incorporate their ID protection technology which will allow for pairing of specific 'contactless' cards with each device you own.