Near Field Communications Handsets and Tags, NFC Pilots and Projects

Telefonica O2 to launch NFC mobile transit payments trial

Friday, February 20, 2009

Czech operator Telefonica O2 and the transport service from the Czech city Pilsen are set to launch next month a nine-month mobile payments trial with NFC-equipped phones. That would allow riders to pay for their rides as well as use their phones to buy goods at participating retailers.

The NFC transit application will be available for download through the Telefonica O2 network during the first phase of the trial which is scheduled to last through June. After that, users will be able to top up their e-purse and transit application as well as buy new bus tickets directly from their NFC phone in addition to using the city’s Web site.

Read more here[end] 

MarketsandMarkets has released a new report predicting that the value of mobile payment transactions in the US will reach $56 billion in 2015.

According to the report, “Mobile Payment - Advanced Technologies (NFC), Strategies And Future Of Remote & Proximity Payment In US,” the market for NFC mobile payment in the US is currently in its infancy, with an adoption rate of only 1.7%.

read more »

New analysis from Frost & Sullivan shows that current smart card-based transit projects in growing European and world cities will lead to an 11% Compound Annual Growth Rate (CAGR) in smart card shipment from 2009 to 2015.

read more »

The Smart Card Alliance Transportation Council is holding a meeting on open standards payment for public transportation in New York City on September 22 - 23.

read more »

O2, a European mobile operator and subsidiary of Telefonica, has announced its strategy to launch contactless mobile payment, according to mobilebusinessbriefing.com.

In 2008, O2 collaborated with Visa, Barclays and Transport for London to pilot London’s Oyster travel cards on Nokia smart handsets to kick off its O2 Wallet initiative.

read more »

The Toronto Board of Trade (TBT) is urging the Toronto Transit Commission (TTC) to stick with its plan of implementing Presto’s smart cards instead of an open payment system for The Greater Toronto Area’s public transit, according to thestar.com.

read more »

Taiwan’s Ministry of Transportation and Communications (MOTC) has announced that the country’s new integrated transit card system is expected to be fully operational by the end of the year, according to squidcard.com.

read more »