FTC to Scrutinize Contactless Payment Technology

coondoggie writes to tell us that the Federal Trade Commission (FTC) will be taking a look at contactless payment systems and the consumer protection issue surrounding them. "RFID technology provides obvious benefits, the FTC said. For example, the ability of producers using RFID to track exactly where in the supply chain their products are and by which retailer they were ultimately sold to a consumer has the potential to make product recalls more effective. However, there also may be costs regarding consumers' individual privacy rights associated with it."

Comments

Bad summary of a bad article

[Anonymous Coward]

Why did this make Slashdot?

It is an uninformative article which says barely more than the summary, and if is not well written or reasoned.

For example, Contactless Payment Systems have nothing to do with the supply-side benefits of RFID. Perhaps they meant to say that RFID has proven useful in other ways, so it might be good here too.