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| Last update: 03-04-07 | Submitted by ahbao |
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Kyocera Wireless demonstrated a prototype handsets and devices to showcase the Visa mobile platform using Near Field Communication (NFC) technology at the CTIA Wireless trade show Kyocera Wireless and Visa International are demonstrating mobile payments utilizing NFC technology, essentially turning a mobile phone into a Visa payment solution using the Visa mobile platform. Designed to foster collaboration between the financial services and mobile telecommunications sectors for the delivery of mobile payment applications and payment-related services, the Visa mobile platform is a set of mobile services and enabling technologies that can allow banks and mobile operators to develop new mobile payment services for individual markets.
At Kyocera's booth, attendees use a prototype NFC Visa-enabled phone to purchase a beverage from a vending machine, by simply presenting the payment-enabled handset to the vending machine contactless payment spot. The payment transaction is then executed and the amount is either debited from a pre-paid account or charged to a credit card, at the user choice, via the user's mobile phone.
"Through our mobile platform, Visa intends to harness the reach and 'always-in-hand' flexibility of mobile phones as a centerpiece device in consumers' lives," said Patrick Gauthier, senior vice president, innovation, at Visa International. "Kyocera Wireless provides a stylish, user-friendly CDMA device platform for these innovative payment applications that can help consumers realize the convenient purchasing power of mobile phones." |
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