Payments News from Glenbrook Partners
Glenbrook   Book   Education   Views   Archives   Store   Advertise   About         SUBSCRIBE:

Mobile Contactless Payments at Mobile World Congress 2010

The GSMA, Samsung Electronics Co. Ltd., Telefónica, and Visa, together with Giesecke & Devrient, Ingenico, ITN International and La Caixa, have announced "the arrival of contactless mobile payments at Mobile World Congress in Barcelona this year. The companies unveiled the result of months of collaboration and have brought the first ever SIM-based NFC payments pilot to Mobile World Congress."

The participating companies have provided more than 400 NFC handsets to guests for use at the Congress. The Samsung Star NFC handsets contain Telefónica SIM cards from O2 pre-loaded with €60 airtime credit as well as a La Caixa Visa Mobile Payment Application. Participants can use their NFC phones to pay for food and drink up to a value of €75 at over 30 merchant locations around the Congress.

“It is a fantastic achievement to bring a full payment trial to Mobile World Congress and a testament to the hard work of the partners that this cross-industry collaboration has worked so well,” said Michael O'Hara, Chief Marketing Officer at the GSMA. “Mobile operators have been requesting SIM-based NFC handsets for some time now and it’s great to see such progress in this area. Now that the handsets are coming, we can expect to see a number of commercial launches of mobile SIM-based NFC services this year.”

Participants in the trial will be able to purchase food and drink, simply by holding their Samsung NFC mobile phone against the contactless terminal at the participating merchants to pay for purchases under €10. Purchases above €10 require a passcode which the participant keys into the handset before presenting it to the terminal. The transactions are authorised online, with funds deducted from a La Caixa Visa account.

Add your comment... (note that all comments are reviewed before they're published)

Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.