Near Field Communications Handsets and Tags, NFC Pilots and Projects

Telekom Austria Group launches credit card jointly with Visa Europe

Tuesday, September 8, 2009

The Telekom Austria Group announced that its mobile subsidiary mobilkom austria has launched along with Visa Europe and its wholly-owned A1 Bank a credit card for the Austrian market that includes mobile services.

The A1 Visa Card combines the features of a conventional Visa Classic Card with special mobile services such as A1 loyalty points, transaction confirmation by text message for more security, paybox (the Austrian mobile cashless payment system) and a mobile insurance package. Based on the new generation of NFC-capable handsets, the A1 Visa Card is also intended to eventually function as a contactless payment tool via the mobile phone. [end] 

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