Radio Frequency Identification Technology for Logistics, Tagging and EPC

NFC Payments Make Debut in US

Tuesday, September 21, 2004
Before the end of the year, the two companies will deploy ViVOtech’s contactless payment system in a few undisclosed new markets in the U.S., as well as jointly promote the potential of contactless payments using NFC-enabled mobile phones in those markets. The partners said they also plan to team up with wireless phone vendors, wireless phone companies and digital content providers to promote the new cashless payment system.”

MasterCard’s PayPass contactless payment feature may soon be presented to the Azerbaijan market of cashless payments.

According to a recent MasterCard study, 75% of the local residents said they would like to use contactless payment cards in supermarkets and 60% to pay public transport fare. When asked which devices, in addition to a plastic card, it would be convenient to make payments, 86% of respondents said they would like to use their mobile phone.

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Samsung and Visa are providing their sponsored athletes and trialists at the London 2012 Olympic Games with special edition Samsung Galaxy S III handsets equipped with Visa’s payWave NFC payments application.

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Denizbank, a private bank with 588 branches in Turkey, has joined Turkcell’s Cep-T Cuzdan platform, enabling its customers to make contactless payments with their NFC-enabled handsets.

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Mobile operator 2degrees has partnered with contactless transit card provider Snapper to bring NFC payments to the city of Wellington, New Zealand.

The new “Touch2Pay” service is now available on 2degrees’ LG Optimus Net phones, which can be used to make tap and go payments wherever Snapper cards are accepted, including buses, taxis, shops and cafes.

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American Express has announced that it is adding its Consumer, Open Small Business and Serve cards to the Isis Mobile Wallet platform.

American Express now joins Chase, Capitol One and BarclayCard in enabling its card holders to make NFC payments and collect rewards using an Isis-enabled mobile phone.

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South Africa’s First National Bank (FNB) has added a new feature to its mobile app that enables users to make peer-to-peer payments via GPS technology.

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