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Mobile Payments

EMT and Estonian banks launch NFC payments pilot

Tuesday 5 November 2013 | 09:55 AM CET

Mobile network operator EMT has begun pilot testing a near field communication (NFC) mobile wallet in Estonia, in partnership with financial institutions Danske Bank, Nordea Pank, SEB Pank and Swedbank as well as retail group Tallinna Kaubamaja.

The 'Bank Payment Card in Mobile' pilot will involve 150 people who are set to use their NFC phones to pay for goods in department store Kaubamaja's Ilumaailm ('Beauty World') and Toidumaailm ('Food World') sections, at Selver stores at Järve and Pirita and at a number of cafes.

Users' bank cards are set to be stored on an NFC SIM card's secure element. The pilot is set to run for three months.

In recent news, EMT has made NFC tags available in all its shops across Estonia, enabling its customers to use NFC services.

More: Link
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