05 September 2015

Banco Itaú and TIM team on mobile NFC payments trial

22 February 2013  |  3937 views  |  0 NFC

Banco Itaú and telco TIM Brasil have teamed up for a mobile contactless payments pilot in Brazil.

The partners are giving 50 trial participants handsets linked to TIM Itaucards which can be used to make low value payments at MasterCard PayPass terminals in more than 100 restaurants, coffee shops and stores in Rio de Janeiro and Sao Paulo.

The handsets will hold NFC SIMs from Gemalto, which is also providing its trusted services management (TSM) platform for the project. The vendor says that, as the pilot expands, its TSM offering will allow secure, over-the-air installation of a wide range of NFC services on mobile devices such as public transportation.

Roger Solé, CMO, TIM Brazil, says: "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."
KeywordsEFTPOS

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

18 February, 2013
07 February, 2013
20 July, 2012
16 April, 2012
26 October, 2011
21 June, 2011

Related company news

 
Your browser is unable to support Flash files.

Who is commenting?

Finextra Member Commented on: HSBC to rebrand Britsh...
Finextra Member Commented on: Zapp to use behavioura...

Top topics

Most viewed Most shared
Third of Brits expect day-to-day mobile pa...
8578 views comments | 40 tweets | 15 linkedin
PayPal rolls out personalised URLs for P2P...
5882 views comments | 34 tweets | 19 linkedin
UK boosts contactless limit to £30
5877 views comments | 31 tweets | 20 linkedin
Behold the contactless jacket
5703 views comments | 23 tweets | 18 linkedin
MasterCard extends startup search globally
5441 views comments | 14 tweets | 5 linkedin

Featured job

Excellent Salary and Company benefits package
London

Find your next job