• Home
  • News
  • Reviews
  • Digital technology
  • Cloud
  • Data analytics
  • Digital leaders
  • IoT
  • Opinion
  • Events
  • Whitepapers
  • Newsletters
  • Sign in
  • Events
    • Follow V3 Events

      Sign up to receive email alerts about our events

      Sign up
  • Whitepapers
    • V3resources 120x194
      Network Security Forensics For GDPR Compliance

      An effective network security forensics strategy can assist an organization in providing key compliance-related details as part of any post-incident GDPR investigation.

      Download
      V3resources 120x194
      10 ways to increase productivity with managed Office 365

      For businesses large and small, relying on a cloud-based collaboration and productivity suite such as Microsoft Office 365 is becoming the norm. Enhancing productivity in your organisation is vital to get ahead in 2017 - and using Office 365 can help, if it's used right...

      Download
      Find whitepapers
      Search by title or subject area
      View all whitepapers
  • Data Strategy Spotlight
  • Sign in
  •  
    •  

      You are currently accessing V3 .co.uk via your Enterprise account.

      Personalise your on site experience

      Download and use the apps

      Access your subscription from outside of the office

      Get relevant news and insight straight to your inbox

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • RSS
    • Twitter
    • Newsletters
    • Facebook
    • YouTube
  • Register
  • News
  • Reviews
  • Digital technology
  • Cloud
  • Data analytics
  • Digital leaders
  • IoT
  • Opinion
 
  •  

    You are currently accessing V3 .co.uk via your Enterprise account.

    Personalise your on site experience

    Download and use the apps

    Access your subscription from outside of the office

    Get relevant news and insight straight to your inbox

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
V3.co.uk
  • Web

O2 opens up its Wallet

Six-month trial of NFC payments gets underway

  • Ian Williams
  • 28 November 2007
  • Tweet  
  • Facebook  
  •  
  •  
  • Send to  
0 Comments

O2 has launched a six-month trial into the viability of integrating Near Field Communications (NFC) technology into mobile phones.

The operator has teamed up with Transport for London, TranSys, Barclaycard, Visa Europe, Nokia and AEG to offer cashless payments and other services using a mobile phone.

The O2 Wallet system is similar to Barclaycard's OnePulse which combines a traditional credit card with a cashless payment system and an Oyster card.

"Research shows that people are more likely to return home if they leave their phone behind than their wallet or keys. So why not have your wallet on your phone?" said Cath Keers, customer director at O2 UK.

"We believe that NFC technology is going to fundamentally change the way people use their mobile phones."

The trial includes 500 participants invited from the O2 customer base in London and will run for six months until the end of May 2008.

Each participant will be given a Nokia 6131 NFC handset installed with the O2 Wallet, and will receive a combination of £50 Oyster credit and £60 of prepaid airtime or credit to their monthly bills.

A subset of 225 participants will also receive £200 credit from Barclaycard to be used for purchases under £10 at any participating retailer with a contactless reader installed.

Sandra Alzetta, head of innovation and acceptance at Visa Europe, described the initiative as the next step in the development and commercialisation of mobile payments around the world.

"It is an obvious next step following the introduction of Visa payWave in London, and will allow us to apply the experiences gained through other mobile trials around the world," she said.

Each aspect of the O2 trial will remain separate, meaning that purchases will not be billed to the mobile phone account and users will not be able to top up their Oyster card directly from the embedded Barclaycard account.

Similarly, at the time this service becomes commercially available, users will have to deal with each account separately in the event of changes or if the phone is lost or stolen.

"This trial is going to provide insights which will prove crucial to getting the customer experience right as we bring NFC on mobile to market," said Keers.

"But the trial is just the start. For this to work we will need mobile operators, banks and retailers working together to fulfil a shared vision. If we get this right we can place the UK at the forefront of technology innovation."

  • Tweet  
  • Facebook  
  •  
  •  
  • Send to  
  • Topics
  • Web
  • Developer
  • Hardware

V3 Latest

First plant to grow on the Moon, err, dies
First plant to grow on the Moon, err, dies

Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night

  • Communications
  • 18 January 2019
Fortnite news and updates: Fortnite made $2.4bn in 2018, according to SuperData
Fortnite news and updates: Fortnite made $2.4bn in 2018, according to SuperData

Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018

  • Software
  • 18 January 2019
Japanese firm sends micro-satellites into space to deliver artificial meteor showers on demand
Japanese firm sends micro-satellites into space to deliver artificial meteor showers on demand

Meteor showers as a service will be visible for about 100 kilometres in all directions

  • Communications
  • 18 January 2019
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data

New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago

  • Communications
  • 18 January 2019
Back to Top
  • Contact
  • Marketing solutions
  • Enterprise IT Events
  • About
  • Terms & conditions
  • Privacy policy
  • RSS
  • Twitter
  • Newsletters
  • Facebook
  • YouTube

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017