Contactless Smart Cards, RFID, Payment, Transit and Security

TeleCom and Mastercard team up to enable mobile phone payment

Monday, September 15, 2008

Telecom Italia, an Italian land-based and mobile phone company, has entered a partnership with MasterCard that enables customers to make main payments from their mobile phone, according to an AGI News article. By using Near Field Communication technology a customer will be able to perform transactions such as recharge prepaid cards or transfer money between personal accounts.

Through text messaging, TeleCom is hoping that customers will find the added convenience and speed of the new system to be a welcome change in every day transactions removing the swiping of a card and entering of a pin for a waving of a phone. MasterCard was a natural choice for this endeavor as the new system is not far off from the company’s PayPass that sees customers waving a card in front of a sensor rather than inserting and entering a PIN.

Read the full story here [end] 

Related Articles
YESpay, YES-wallet deliver cloud-based NFC payments

The UK’s YESpay International and YES-wallet.com have teamed up to build an NFC-enabled cloud-based mobile payments platform.

By integrating the YES-wallet Pouch digital wallet with YESpay EMBOSS payment service, the companies will provide a platform that encompasses e-Money, pre-paid and gift-card payments based on Visa PayWave and MasterCard PayPass contactless standards.

read more »
ARTS and EPASOrg develop protocol to support new payment technologies

In Europe, the Association for Retail Technology Standards (ARTS) and EPASOrg has developed a new global standard to help accommodate changes in new payment technologies, according to SupermarketNews.com

read more »
Nokia's 'Hello' translates convos via NFC

Nokia has revealed a new application for smart phones that translates what you say into another language and transmits the message to another user via NFC.

read more »
Turkcell brings road toll payments to T11 smart phone

Turkcell, Turkey’s largest mobile operator, has announced the launch of a SIM-based NFC road toll payment application on the Turkcell T11 smart phone.

Developed in collaboration with Bank Asya, the app allows users to migrate their plastic KGS toll payment cards onto their T11 smart phone to pay for fares when crossing bridges and freeway turnpikes.

read more »
CARTES in North America to focus on mobile payments

CARTES in North America, a new annual card manufacturing, payment, identification and digital security expo and conference, has placed mobile payments at the center of its agenda of this year’s inaugural event.

read more »
MasterCard pilots NFC payments in Aussie theaters

MasterCard and Commonwealth Bank have announced the launch of a QkR, a new mobile app that enables movie theater goers to browse and purchase refreshments from their seats.

read more »

↓Ads by AVISIAN↓
Subscribe to the Contactless News Library
Gain access to the largest collection of Auto-ID analysis on the Internet.
Copyright © 2012, AVISIAN, Inc. All rights reserved.