HSBC Trials NFC Payment Pilot

News Item Related News Comments

posted Feb 1, 2007, 12:42 PM

In what appears to be the first large-scale trial in the U.S., more than 200 HSBC employees loaded their credit card information onto their mobile phones via ViVOtech's over-the-air process with the intent to test contactless payment systems through near field communications (NFC). The NFC equipped phones will allow the employees to make contactless payments at some 36,000 retail locations around the world served by MasterCard's PayPass program. For purchases of less than $25, customers can tap their phones to the PayPass reader and make instant payments that don't require a signature.

more info at ViVOtech »

10 comments on this news item ›

Related news:
Motorola Invests in Contactless Payment Company   Jan 7, 2008
Large Scale Contactless Payment Trials Begin In Atlanta   Dec 14, 2005
Motorola Teams With MasterCard On Wallet Phones   Oct 12, 2004
Nokia Tests E-Wallet Faceplate   May 13, 2003
GSMA Picks Motorola For Pay-Buy-Mobile Program   Jun 14, 2007

more related news ›