Just wave on through

RFID subway pass? Sure, New York says Citigroup is planning to pilot the use of contactless payment systems in the New York subway.

Selected customers of the Metropolitan Transportation Authority will be able to pay for a train ride at the subway entrance by tapping or waving a payment card at a turnstile reader, much like London's Oyster card scheme allows for the Tube. MTA riders currently pay their fares by sliding credit card-like MetroCards.

So is this what the MTA will be spending their surplus on instead of fixing the existing lines or building new ones? Probably...what a waste.