News

Mobile contactless trial program starts in the Czech Republic

Friday 22 July 2011 00:27 CET | News

Czech Republic-financial institution Komercní banka and global financial services provider Citi have teamed up for a mobile contactless payment program in Czech Republic capital Prague, media outlet 4-traders.com reports.

According to the source, the banks have teamed with telecommunications and ICT services provider Telefónica on the trial, in a bid to enable 400 shared customers to pay for their shopping at Globus hypermarket stores in Prague by waving Samsung Star 5230 NFC handsets with pre-installed O2 wallet mobile applications against terminal readers.

Moreover, the source reports that Visa Europe has provided the payment application that is stored in Telefónica’s SIM cards. The technology partners of the pilot project include global device manufacturer Samsung, French payment services provider Ingenico CZ, Germany-based electronic payment services provide Giesecke & Devrient, US provider of smart card-based services Oberthur Technologies and Global Payments Europe.

The trial program is set to run for six months, until January 2012.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Czech Republic, mobile contactless, NFC, Citi, Visa Europe, Ingenico, Telefónica, Giesecke & Devrient, Samsung, Oberthur Technologies, Global Payments Europe
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events