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ABN AMRO, ING, KPN, Rabobank, T-Mobile and Vodafone signed a letter of intent to jointly introduce mobile payments at the checkout in the Netherlands. It is the first time that major banks and mobile operators in a European country have joined forces with regard to mobile payments. The six companies plan to set up a [...]

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Visa Inc has announced that commuters in New York and Los Angeles can use Visa for bus, subway and train fares. In New York, Visa is allowing riders to pay using Visa payWave-enabled cards and mobile phones, while commuters in Los Angeles can use a special Visa prepaid card to ride the LA metro system. [...]

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Visa is pushing contactless payment chips for mobile phones as a stop-gap measure to ramp up consumer adoption of the payment method in anticipation of the eventual embedding of NFC chips directly into phones. Visa’s Bill Gajda says the chips offer much of the same advantages of NFC cards, with the added benefit of greater [...]

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A new report published by IMS Research forecasts that the number of NFC IC shipments will reach 785 million in 2015. Some of the major problems which have blighted market development include a lack of available NFC handsets; limited contactless terminals and infrastructure; unclear business models and disagreements between the different stakeholders. According to report [...]

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The pre-commercial mobile contactless roll out will take place in Nice before the summer 2010. For the first time, French mobile operators will market mobile contactless offers (including NFC-enabled mobile handsets) to the 500,000 residents of the Nice metropolitan area. These subscribers will be the first European citizens to access a variety of mobile contactless [...]

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