Near Field Communications Handsets and Tags, NFC Pilots and Projects

Visa pilots NFC in Brazil

Wednesday, September 16, 2009

Credit card giant Visa, two banks and a mobile operator have launched a small NFC payments trial in Brazil. The pilot involves 70 people who have been given NFC-compliant Nokia phones that they can use to make payments at any retailer that now accepts Visa’s payWave contactless payments technology.

The banks involved in the trial are Banco do Brasil and Bradesco and the mobile carrier is Claro.

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Barnes International announced that its updated Visa GPR Test module now complies with the latest version of Visa’s Global Personalization Requirements.

The updated test tool will offer evaluation of a chip product to ensure it meets industry and payment scheme certification standards. This reduces a product’s time to market as the chip is aligned to Visa Specifications throughout the development life cycle and before applying for official Visa approval.

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Visa Europe has announced that NFC-enabled smart phones from Samsung, LG and Research In Motion have been certified for use with Visa payWave, Visa’s mobile application for payments at the point-of-sale.

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Visa Europe is anticipating a big year for contactless and NFC payments, with issuance projected to leap from 30 million in 2011 to 50 million in 2012.

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Visa has announced that more than 1 million EMV chip-enabled cards have been issued by U.S. financial institutions as of December 31, 2011.

Just 18 months ago there were no Visa-branded EMV chip cards issued in the U.S. according to Visa’s Stephanie Ericksen, who attributes the sudden growth to U.S. issuers accepting Visa’s EMV and mobile payments road map.

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United Arab Emirates (UAE) travelers prefer making payments via mobile rather than using cash or credit card, according to a recent survey commissioned by travel technology and transaction processor Amadeus.

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Visa and Imperial Parking Canada Corp. (Impark) are teaming up to offer Visa payWave contactless payments to 72 of its attended parking facilities across Canada.

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