Visa has announced the launch of what it is calling "the world’s first commercial Visa mobile payments service for point-of-sale transactions using Near Field Communications (NFC) technology. The service marks the first time consumers can purchase an NFC-enabled mobile device off the shelf and use that device to make Visa payWave-enabled transactions at the point-of-sale instead of using their payment card." The new service is being launched first in Malaysia. READ MORE »

Maxis Communications Bhd, in collaboration with Nokia, Visa, Maybank and Touch 'n Go, has announced the launch of Maxis FastTap - calling it "an integrated mobile payment service that utilises Near Field Communication (NFC) technology. With the service, customers can use their Nokia 6216 Classic phones to purchase goods and services at more than 1,800 Visa payWave merchant locations as well as pay for toll, transit, parking and theme park charges at over 3,000 Touch 'n Go points nationwide." READ MORE »