23 July 2017
download the report now

South Korean telco rolls out NFC iPhone case

23 September 2011  |  6942 views  |  0 iphone apps on screen

South Korean telco KT is offering customers a case that turns their iPhone 4s into contactless payments devices.

The NFC-enabled iCarte 420K case has been developed by Canadian vendor Wireless dynamics and is officially approved by Apple. KT's Olleh Touch NFC technology enables customers with the case to use their iPhones for contactless payments in stores and on public transport.

Yang, Hyunmi, EVP, integrated customer strategy, KT, says: "As a global leader of NFC services, KT plans to provide more convenient and differentiated NFC services to its customers."

It is still not clear whether the iPhone 5 - expected to hit shelves soon - will come with built-in contactless payments functionality.

In the meantime, Wireless Dynamics is one of several companies looking to provide a fix, and has been working with Visa Europe to introduce its case. Another company, DeviceFidelity, has trialled a similar offering in the US and Australia, although ANZ recently decided not to take its pilot any further.

One iPhone 4 owner who couldn't wait for Apple to catch up with the likes of Google has taken matters into her own hands, simply sticking a contactless bank card inside her phone.
KeywordsEFTPOS

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 launches mobile wallet

Google launches mobile wallet

19 September 2011  |  17384 views  |  1 comments
Want an NFC iPhone? Just stick a bank card in it

Want an NFC iPhone? Just stick a bank card in it

01 August 2011  |  14953 views  |  3 comments
ANZ and Visa trial contactless iPhone case

ANZ and Visa trial contactless iPhone case

15 March 2011  |  11342 views  |  0 comments
Visa Europe partners Wireless Dynamics on contactless iPhone payments

Visa Europe partners Wireless Dynamics on contactless iPhone payments

27 January 2011  |  10797 views  |  2 comments
South Korea to see surge in contactless m-payments - Celent

South Korea to see surge in contactless m-payments - Celent

01 October 2010  |  7657 views  |  0 comments
Visa and Akbank team on MicroSD-based contactless m-payments

Visa and Akbank team on MicroSD-based contactless m-payments

04 August 2010  |  12296 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.finastra.comvisit www.abe-eba.euvisit vasco.com/news/PSD2-compliant-solutions

Top topics

Most viewed Most shared
German fintech factory FinLeap raises EUR39 millionGerman fintech factory FinLeap raises EUR3...
13906 views comments | 19 tweets | 15 linkedin
Mastercard to buy AI outfit BrighterionMastercard to buy AI outfit Brighterion
10129 views comments | 14 tweets | 20 linkedin
Barclays rides payments-as-a-service wave with investment in Form3Barclays rides payments-as-a-service wave...
9043 views comments | 16 tweets | 12 linkedin
Mastercard and Scotiabank join Enterprise Ethereum AllianceMastercard and Scotiabank join Enterprise...
7650 views comments | 25 tweets | 16 linkedin
PayPal strikes deals with Chase and CitiPayPal strikes deals with Chase and Citi
6899 views comments | 9 tweets | 5 linkedin