29 September 2016
Visit colt.net

Banco Itaú and TIM team on mobile NFC payments trial

22 February 2013  |  4294 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)

Finextra news in your inbox

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

Related stories

Contactless m-payments come to Mobile World Congress

Contactless m-payments come to Mobile World Congress

18 February 2013  |  7327 views  |  0 comments | 12 tweets | 6 linkedin
France gears up for mobile NFC services

France gears up for mobile NFC services

07 February 2013  |  6627 views  |  0 comments | 10 tweets | 4 linkedin
Brazilian firm develops eco-friendly ATMs

Brazilian firm develops eco-friendly ATMs

20 July 2012  |  3823 views  |  0 comments
Nokia trials Brazilian mobile NFC payments

Nokia trials Brazilian mobile NFC payments

16 April 2012  |  5568 views  |  0 comments
Singapore preps national NFC m-payments service

Singapore preps national NFC m-payments service

26 October 2011  |  9121 views  |  0 comments
Orange taps Gemalto for mobile NFC in Poland

Orange taps Gemalto for mobile NFC in Poland

21 June 2011  |  7696 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit i2cinc.comFind out moreVisit www.abe-eba.eu

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...
14532 views comments | 55 tweets | 48 linkedin
Ripple rudely gatecrashes Sibos partyRipple rudely gatecrashes Sibos party
9866 views comments | 31 tweets | 29 linkedin
Swift beware: Ripple signs banks to global payments steering groupSwift beware: Ripple signs banks to global...
9158 views comments | 33 tweets | 18 linkedin
BNP Paribas is working with clients on blockchain deploymentBNP Paribas is working with clients on blo...
7493 views comments | 14 tweets | 30 linkedin
US gets same day ACHUS gets same day ACH
7032 views comments | 23 tweets | 20 linkedin

Featured job

Find your next job