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For some time now mass transit has been seen as the inflection point for the card associations to make in-roads into the contactless payment market. Both Visa and MasterCard have run a number of trials in the UK, USA and Europe where they leveraged NFC mobile phones with transit and payment applications to allow users [...]

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Visa Europe, Giesecke & Devrient (G&D) and O2 say that they have a solution which allows m-payments to be made via a SIM card. The solution also tests a new Visa SIM toolkit application which sits alongside the Visa m-payment applet providing optimized remote management functionality. “This is cutting-edge technology designed to advance the industry’s [...]

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MasterCard has announced the launch of the MasterCard Over-the-Air Provisioning Service, enabling issuers to perform over-the-air (OTA) personalization of their cardholders’ mobile devices in a one-step process. The service allows issuers to implement PayPass on mobile programs more quickly with reduced development and implementation effort. Global annual m-payments are expected to grow more than tenfold [...]

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Turkey’s national card switch and clearing centre BKM (Bankalararasi Kart Merkezi – Interbank Card Center) is planning the Q1 2009 launch of a year-long pilot testing NFC infrastructure, with nine banks and two of the country’s three mobile operators already on board. The trial will support the EMV protocol, so after swiping the phone to [...]

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Following on from its recent P2P m-payments service launch with paybox, Royal Bank of Canada (RBC), Visa and Rogers Wireless are partnering for the next phase of an m-payment pilot that will allow Canadians to make purchases at the point of sale with a mobile phone. The customer phase of the m-payment pilot is expected [...]

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