NFC payments now possible with microSD cards

The venerable microSD card slot might not be as common in smartphones as it once was, but it is still exceedingly more common than Near Field Communications (NFC) capability. The SD Association is announcing today that it has decided on an official standard for NFC-enabled SD cards, called smartSD cards, which could allow any phone with a compatible slot to make payments, pay for transit, and do almost anything else NFC is used for.