VIsa and Nokia are planning to deliver Visa
payment and payment-related services - including contactless payments,
remote payments, money transfer, alerts and notifications - for Nokia's
next generation handsets
The first Visa-enabled phone with the Nokia 6212 classic,
expected to be available starting October 2008.
The
Visa applications will first be made available for trial use by
interested financial institutions and will allow consumers with the
Nokia 6212 classic and a relationship with a participating Visa issuing
bank to use their Visa account to pay for goods and services; initiate
mobile money transfers to other individuals with Visa accounts; receive
near real-time notifications of activity on their Visa account; and
"opt in" to receive offers and discounts from merchants.
Visa applications will first be made available for trial use by
interested financial institutions and will allow consumers with the
Nokia 6212 classic and a relationship with a participating Visa issuing
bank to use their Visa account to pay for goods and services; initiate
mobile money transfers to other individuals with Visa accounts; receive
near real-time notifications of activity on their Visa account; and
"opt in" to receive offers and discounts from merchants.
The
Nokia 6212 classic includes integrated Near-Field Communications
chipsets (NFC) which lets the mobile device behave like a contactless
payment card, where consumers simply wave it within a few inches of a
special point of sale reader to complete a Visa transaction. Nokia and
Visa first demonstrated NFC technology in December 2005 with the launch
of the first large scale NFC trial in the United States at the Phillips
Arena in Atlanta.
Nokia 6212 classic includes integrated Near-Field Communications
chipsets (NFC) which lets the mobile device behave like a contactless
payment card, where consumers simply wave it within a few inches of a
special point of sale reader to complete a Visa transaction. Nokia and
Visa first demonstrated NFC technology in December 2005 with the launch
of the first large scale NFC trial in the United States at the Phillips
Arena in Atlanta.
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