Okay, friends, it’s time for a new geek-flavored acronym! I used it earlier today when discussing the future of SIM cards, and now a housing project in Taiwan will be testing it out with new mobile phones from BenQ. It’s NFC, or Near Field Communications. In essence, you use your phone like a debit card.

BenQ is building the technology into its T80 Windows Mobile-based smartphone. They’ll be hitting the streets of Taiwan next month, with pay stations rolling out about the same time.

BenQ T80 Mobile to Start Field Trial Next Month [Yahoo! News]