LAS VEGAS-Palm Inc. introduced the new point-and-pay features of its handheld device, dubbed the “e-wallet,” which allows users to pay for purchases with an embedded Visa credit card in their Palm computer.
Palm’s chief executive officer, Carl Yankowski, demonstrated the new feature during the 2001 International Consumer Electronics Show by buying an atomic watch, cell phone and robotic dog. “The world’s first e-wallet transaction took just 30 seconds,” he said. “The Palm solution transforms the handheld into a true wallet with point-and-pay capabilities.”
