Tag: mobile payments

NFC technology based mobile payments system piloted in Brazil

NFC Technology mobile payments BrazilTIM, a Brazilian carrier, has announced that it is beginning the new program using near field communication.

Wireless carrier from Brazil, TIM, has just revealed that it is launching a mobile payment pilot service that will be based on NFC technology in order to test the effectiveness within the region.

The program is running as a part of a partnership with Banco Itaú, a bank in Brazil.

It is also working with MasterCard, in addition to Redecard (a point of sale manufacturer) and Gemalto, which is a digital security provider. This joint venture pilot project will include a small beta testing group as well as the participation of 100 Rio de Janeiro and São Paolo restaurants.

The carrier has explained that they wish to learn more about the use and behaviors around NFC technology.

This pilot will help them to get to know the way that consumers wish to use NFC technology, what their expectations may be and how it works for restaurants. It will also provide the opportunity to train their employees internally and observe the type of challenges that they may expect as a result of a more extensive rollout.

Based on the results that they experience due throughout the length of the pilot program, TIM has said that it is considering expanding the use of NFC technology enabled mobile payments. This could mean that if the program is successful, the nearly 70 million subscribers at that company will have access to the service as soon as the second half of this year.

According to the TIM Brazil CMO, Roger Solé, “TIM has innovation as a strategic pillar and, once again, comes out ahead with the test of a technology that promises to be an important evolution of mobile. This partnership with Itau and our quest to evaluate the NFC model demonstrates our concern to offer solutions that bring more convenience to customers.”

The NFC technology enabled credit cards will be MasterCard branded. These will be used by the few participants in the pilot program. The over-the air account provisioning will be supplied by Gemalto. They will also be providing their well respected services management solutions. MasterCard PayPass tech will be used for making payments at the restaurant points of sale.

Mobile commerce partnership formed between Opera and Neomobile

Mobile Commerce Partnership Opera and NeomobileNeomobile mobile commerce platform to be integrated into Opera Payment Exchange

Opera Software, a leading software and technology company, has announced that it has formed a new partnership with Neomobile, a mobile payment service provider. Together, the two companies will work to improve the Opera Payment Exchange service, which is used to facilitate mobile commerce in a variety of industries. The deal was made through Opera Commerce, which is a wholly owned subsidiary of Opera Software. Opera Commerce has been seeing major growth in the field of mobile commerce recently, and Neomobile may be able to help translate that growth into future success.

Opera Mini sees more than 208 million users last month

Last year, Opera Commerce launched the Opera Payment Exchange as part of the Opera Mini browser, which is a web browsing tool designed for mobile devices. The Opera Mini application has since become a breakout success among mobile consumers. According to Opera Commerce, more than 208 million people around the world used the application last month, with a significant portion of these people participating in the mobile commerce elements of the application.

Mobile commerce to be made simpler

Opera Commerce is looking to make mobile commerce a much simpler process for Opera Mini users. The company will be making use of the one-click operator billing platform designed by Neomobile. This allows consumers to make purchases through their mobile devices in one simple step. Opera believes that this will cut down on the time it takes for consumers to make payments, creating a faster and more efficient process that consumers may favor.

Neomobile platform may have promising future with Opera

Though the platform from Neomobile expedites the mobile commerce process, it does not diminish the security measures that are in place to protect a consumer’s financial information. Through the platform, consumers will be able to purchase mobile games, music, video, and various other forms of digital content with a simple “click.” The partnership currently only operates within the realm of mobile commerce through Opera Commerce. The platform developed by Neomobile may see expansion into other sectors of Opera in the future.