Thứ Sáu, 2 tháng 8, 2013

SingTel and Visa to Bring NFC Payments to Singapore and Australia

Singapore operator SingTel has announced an alliance with Visa that will let consumers in Singapore and Australia pay for goods and services at all Visa payWave acceptance points worldwide by simply using their NFC-enabled smartphones.


The service is slated to launch in early 2014. SingTel is now working to link Visa prepaid accounts in Singapore and Australia to mCash, SingTel’s mobile money solution.


There are currently more than 12,000 Visa payWave acceptance points in Singapore and over 100,000 across Australia, but even then, payment will not be limited to only these two countries — which means consumers can use their smartphones anywhere in the world to pay as long as their prepaid accounts have been linked.


Payment options will also go beyond simply NFC-enabled transactions. Customers can make e-commerce purchases online by entering their Visa prepaid account number linked to their mCash account.


SingTel’s Vice President for mCommerce, Gan Siok Hoon, said that the Visa alliance is furthering SingTel’s push toward a cashless society, as it seeks to add more capabilities on to one single mobile phone. She says:


“This Visa alliance further cements the role that the mobile phone plays as an all-in-one tool for commerce, information, entertainment and lifestyle needs.”



Companies have been zooming in on mobile payment solutions as they seek to embed it deeper into various markets.


Earlier this year, Visa announced that it would work with Samsung to pair up its payments with the Korean company’s mobile technology to help accelerate the availability of NFC-based smartphone payments — which ultimately means that Samsung smartphones will be able to link up to Visa from the get-go.


Last week, MasterCard’s virtual online wallet payment system MasterPass started being rolled out at supporting retailers in the UK as the service makes its way into Europe.


Headline image via declanjewell / Flickr



SingTel and Visa to Bring NFC Payments to Singapore and Australia

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