DnB Nor and Telenor team on Oslo contactless m-payments pilot

DnB Nor, Telenor and MasterCard are teaming up to trial contactless mobile payments in Norway's capital Oslo.

  0 Be the first to comment

DnB Nor and Telenor team on Oslo contactless m-payments pilot

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Over the summer around 250 Telenor and DnB Nor customers will be provided with Samsung mobile phones with built-in NFC technology and an adapted SIM card.

Participants will be able to make low value payments by waving the handsets against MasterCard PayPass-enabled readers in shops from the Kaffebrenneriet, Vita and Deli de Luca chains.

The pilot - which also involves Teller, Nets and Giesecke and Devrient - is part of an 'NFC City' research project which is partly financed by the research council of Norway.

Jon Fredrik Baksaas, president and CEO, Telenor, says: "The Oslo test is one of the first in Scandinavia and will be an important milestone towards our use of mobile phones as wallets. We are certain that contactless payment via mobile will become extremely widespread, because we all take our mobiles everywhere we go, and because it's a secure and easy way to pay."

The pilot comes over three years after DnB Nor, MasterCard and Telenor last outlined plans for a contactless mobile payments technology trial in Oslo.

Sponsored New Event Report – Natural Capital Finance

Comments: (0)

[Webinar] Money Mule Defence: Practical Applications and the Role of TechnologyFinextra Promoted[Webinar] Money Mule Defence: Practical Applications and the Role of Technology