20 February 2017
Visit EBAday.com

South Korean telco rolls out NFC iPhone case

23 September 2011  |  6808 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  |  17173 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  |  14756 views  |  3 comments
ANZ and Visa trial contactless iPhone case

ANZ and Visa trial contactless iPhone case

15 March 2011  |  11196 views  |  0 comments
Visa Europe partners Wireless Dynamics on contactless iPhone payments

Visa Europe partners Wireless Dynamics on contactless iPhone payments

27 January 2011  |  10637 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  |  7514 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  |  12133 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit BNP paribas

Top topics

Most viewed Most shared
IBM and Visa join forces to turn billions of connected devices into points of saleIBM and Visa join forces to turn billions...
15819 views 11 comments | 51 tweets | 85 linkedin
Nesta launches £5 million Open API challengeNesta launches £5 million Open API ch...
10202 views comments | 21 tweets | 19 linkedin
Jaguar embeds payments into digital dashboardJaguar embeds payments into digital dashbo...
9801 views comments | 49 tweets | 57 linkedin
The fintech effect: Banks buy in to benefits of boosting financial well-beingThe fintech effect: Banks buy in to benefi...
9072 views comments | 16 tweets | 11 linkedin
Kevin the bot uses blockchain to offer insurance for P2P transactionsKevin the bot uses blockchain to offer ins...
7936 views comments | 17 tweets | 13 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job