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Visa rolls out its first commercial NFC payment system


Nokia fulfilled its part of the bargain by rolling out its NFC-enabled 6212 cellphone last year, and it looks like Visa is now finally making the phone a good deal more useful -- in Malaysia, at least. That's where the company has launched its first commercial NFC (or Near Field Communications) payment service for point-of-sale transactions, which will let folks simply wave the phone in front of a reader to make a purchase instead of going to the hassle of swiping a card. What's more, it doesn't look like this is simply a limited trial, with 1,800 stores in the country ready to accept the magical payments out of the gate, and Maxis and Maybank on board to let folks easily access their credit account. Better still, Visa has also said that this move finally signals the shift from pilot programs to actual roll-outs, although it's unfortunately not being all that specific about the next few markets on tap just yet.

ETSI finalizes NFC standard

The GSM Association has been rearing to go for a while now with its Pay-Buy Mobile initiative with the ultimate goal of making contactless payment more the norm than the exception, but naturally, the GSMA isn't the only standards body that wants in on the action. ETSI -- the European Telecommunications Standards Institute -- has just decided on the final piece of what will ultimately become Europe's NFC standard. It seems the little matter of communication between the NFC circuitry and the phone's SIM was the holdup, and now that it's settled, the GSMA says it'll "[enable] mobile operators to prepare for the rollout of contactless payment services and other applications that make use of this flexible short-range radio technology." If there's one surefire way to redouble support for a new technology, it's by standardizing it -- now, let's just hope those standards start to cross borders.

[Via Phone Scoop]




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