Nokia and Visa join to bring payment app for mobile phones
Nokia and the world’s largest retail electronic payments network Visa Inc have announced they are to deliver Visa payment and payment-related services – including contactless payments, remote payments, money transfer, alerts and notifications – for Nokia’s next generation handsets beginning with the Nokia 6212 classic, expected to be available starting October 2008.
Head of global product innovation at Visa Inc, Tim Attinger, said: “Visa is already better money – more convenient, reliable and secure than cash. Putting Visa payments and exciting new services into the NFC-equipped Nokia 6212 classic add’s another layer of convenience and security for Visa account holders and Nokia customers around the world.”
The Nokia 6212 classic includes integrated Near-Field Communications chipsets, which allows the mobile handset to behave like a contact-less payment card, where consumers simply wave it within a few inches of a special point of sale reader to complete a Visa transaction.