30 September 2016
Find out more

Garanti Bank rolls out first NFC payments service in Turkey

07 December 2010  |  12018 views  |  0 smartphone

MasterCard, Garanti Bank, Gemalto, and Turkish mobile phone provider Avea will go live with a so-called 'BeaverTail' NFC antenna-equipped SIM card mobile payment service in Turkey on Wednesday, 8 December.

The service, which involved attaching a floppy antenna to a mobile phone SIM card inside the phone - will enable clients in Turkey to make contactless payments using credit, debit, public transit passes or by using bonus points from a loyalty-card scheme.

The adapted SIM cards can be picked up at participating Avea stores. BonusluAvea customers in Turkey will also be given digital coupons for gifts and discounts as part of the roll-out campaign.

Mehmet Sezgin, CEO at Garanti Bank says the bank had been using mobile stickers as part of its Tap&Go payments programme in Turkey, but wanted a better service to offer its "young customers".

Garanti Bank and MasterCard have a five year old 'experimental project' partnership for innovative payments programmes.

Garanti Bank's new mobile contactless service also relies on MasterCard's PayPass service for mass transit.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

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

Related stories

Google Android gets NFC

Google Android gets NFC

16 November 2010  |  14576 views  |  0 comments
Wells Fargo joins Visa NFC m-payments trial

Wells Fargo joins Visa NFC m-payments trial

03 September 2010  |  11623 views  |  0 comments
Apple hires NFC veteran Vigier

Apple hires NFC veteran Vigier

16 August 2010  |  11356 views  |  0 comments
Turkey's Garanti Bank to offer customers NFC-enabled SIM cards

Turkey's Garanti Bank to offer customers NFC-enabled SIM cards

24 May 2010  |  9938 views  |  0 comments
BNP Paribas and Oberthur to turn Nice into NFC city

BNP Paribas and Oberthur to turn Nice into NFC city

18 November 2009  |  8817 views  |  0 comments | 1 tweets
Turkey plans multi-bank, multi-operator NFC trial

Turkey plans multi-bank, multi-operator NFC trial

24 October 2008  |  11579 views  |  0 comments
Garanti Bank introduces m-banking services

Garanti Bank introduces m-banking services

25 September 2007  |  6344 views  |  0 comments
Turkey's Garanti Bank to issue PayPass wrist watch

Turkey's Garanti Bank to issue PayPass wrist watch

08 May 2007  |  7389 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comVisit dh.com

Who is commenting?

Top topics

Most viewed Most shared
RBS tests demonstrate ability of Ethereum to support a national domestic payments systemRBS tests demonstrate ability of Ethereum...
14631 views comments | 56 tweets | 48 linkedin
Ripple rudely gatecrashes Sibos partyRipple rudely gatecrashes Sibos party
10347 views comments | 32 tweets | 30 linkedin
Swift beware: Ripple signs banks to global payments steering groupSwift beware: Ripple signs banks to global...
9288 views comments | 33 tweets | 18 linkedin
BNP Paribas is working with clients on blockchain deploymentBNP Paribas is working with clients on blo...
7648 views comments | 15 tweets | 30 linkedin
US gets same day ACHUS gets same day ACH
7061 views comments | 23 tweets | 20 linkedin

Featured job

Find your next job