Retailers focused on contactless payment might want to circle July 24, 2008, on their calendar. That is when the U.S. Federal Trade Commission will hold a hearing in Seattle "to explore the growth of contactless payment systems and the implications for consumer protection policy."
Here are the details of the FTC's hearing along with a link to submit comments electronically. There are lots of legitimate pros and cons on this issue, but the panel should at least understand the merchant's perspective.
