From an article in this month's Fast Company magazine, entitled "The Future's So Bright" comes this quote of executives making future prognostications:

"Radio-frequency technology is the way of the future in payments, and we are pleased to be first to introduce our customers to MasterCard PayPass debit cards, which utilize this technology."

Carl Stauffeneger, SVP of product management for KeyBank consumer-product development, August 4, 2005

More information can be found in the KeyBank press release here.

On a related note, The Philoneist Files today cites another article about RFID-enabled credit cards introduced to New York by HSBC.

And CRM Buyer offers its take on RFID-chipped credit cards here.