Rants And Ramblings About Mobile Technology
Anders Borg writing about the fun and crazy world of mobile and Internet service technologies.
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Thursday, January 11, 2007
Mobile payments, finally?
Visa and Nokia are collaborating to offer the possibility to pay via mobile phones on a broad basis.
It's been tried since the early days of WAP and programmable SIM cards with arguable success so far, except in Japan and Korea, and then only for very small sums (commute tickets etc).
The method deployed here uses Near Field Communication (NFC) for over-the-counter payments, and users will also be able to check their accounts etc.
As Visa and Nokia are the largest players in their respective fields, this looks like a real and serious attempt to get things going.
It's been tried since the early days of WAP and programmable SIM cards with arguable success so far, except in Japan and Korea, and then only for very small sums (commute tickets etc).
The method deployed here uses Near Field Communication (NFC) for over-the-counter payments, and users will also be able to check their accounts etc.
As Visa and Nokia are the largest players in their respective fields, this looks like a real and serious attempt to get things going.
