Contactless Smart Cards, RFID, Payment, Transit and Security

Visa demos payment technology at GSMA Mobile World Congress

Friday, February 13, 2009

Visa Europe and Visa Inc. will be showcasing the latest technology in payments at the 2009 GSMA Mobile World Congress. In addition, Visa executives will discuss how Visa is helping to drive the convergence of financial services and mobile technology.

Visa will use real world examples to demonstrate how its technologies in mobile payment technologies can enhance consumers’ daily lives.

Visa mobile product demonstrations will include:

  • Visa Mobile on Android: In December, Visa launched the first commercial service in the U.S. that provides mobile offers, transaction alerts and a locator service. Visa Mobile is available on mobile devices powered by Android, including the T-Mobile G1(TM) phone.

  • Mobile Visa payWave: secure mobile point of sale payments using Visa payWave embedded in a mobile device. Visa will demonstrate both NFC-based and SIM-based contactless payments.

  • Mobile Money Transfer: A demonstration of handset-to-handset and online-to-handset money transfer.

  • Mobile Transaction Alerts: Near real-time notification of card purchase activity delivered to the mobile device.

  • Mobile Offers: Targeted offers and coupons delivered directly to the mobile device and redeemed at near-by merchants.

  • Mobile Merchant: Convenient cashless transactions on the move. Mobile merchants, such as a pizza delivery service, can accept Visa payments with the help of enhanced mobile handsets that double as a mobile acceptance device.

  • Smart Poster: Co-branded mobile posters, signposting nearby coffee shops with the offer of exclusive mobile ‘buy one, get one free’ offers.

 [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 »
la Caixa plans for major contactless roll out in Barcelona

la Caixa and Visa Europe have begun rolling out their contactless payment system in Barcelona. The bank is set to make all cards and point-of-sale across Barcelona contactless, requiring the distribution of 1 million cards and more than 15,000 new POS terminals.

read more »
I Love Velvet mobile payment obtains EMV2 certification

Mobile payment solution provider I Love Velvet announced that it has reached the second level of EMV certification (EMV2) which authorizes PIN and integrated chip payments from debit, credit and smart cards around the world.

read more »
Visa chip cards hit 1 million in U.S.

Visa has announced that more than 1 million EMV chip-enabled cards have been issued by U.S. financial institutions as of December 31, 2011.

Just 18 months ago there were no Visa-branded EMV chip cards issued in the U.S. according to Visa’s Stephanie Ericksen, who attributes the sudden growth to U.S. issuers accepting Visa’s EMV and mobile payments road map.

read more »
Visa's mobile banking suite leaves room for NFC

Visa, in partnership with Monitise, has launched a suite of new mobile financial services on its revamped Debit Processing Service platform, enabling mobile phone users to check their account history and balances, transfer funds between accounts, and receive real-time transaction alerts.

read more »
Collis debuts Visa Mobile Payment Specification Test Suite

Collis has announced the launch of its Visa Mobile Payment Specification (VMCPS) Test Suite, enabling the functional testing of UICC or secure element-based contactless mobile payments applications.

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.