Contactless payment system being tried by Visa

September 27th, 2007 by Álvaro Arregui

The future shown in Minority Report might be closer than you expected. Visa has launched a trial of a new system that will send NFC-enabled phones merchant direct marketing offers and will allow to make payments through Visa payWave.

The trial is being conducted in Taiwan between Visa,  Chunghwa Telecom, Chinatrust Commercial Bank (CTCB) and Nokia as well as 500 people acting as customers and will last for six months. Nokia 6131i handset are being used to make contacless payments at 3.000 stores.

The trial objetive is to make payments along to send and receive marketing offers according to pre-registered preferences using NFC (Near Fiel Communication) by passing by some special posters located in shopping areas.

Via: TMC.net


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