23 May 2018

Vodafone to trial micropayment system in Dublin

13 August 2002  |  5483 views  |  0 Mobile 3G technology_1

Vodafone customers in Dublin are to be given the opportunity to pay for parking tickets using their mobile phones, in the first live trials of the wireless operator's new micropayment system.

The mPark service, operated in conjunction with Dublin City Council, will allow Vodafone subscribers to use their handsets to pay for on-street parking at designated meters in the Irish capital's city centre. It represents the first deployment of micropayment services to Vodafone customers under the m-pay banner, and is part of a contract announced last December with local next-generation payment vendor Altamedius.

"We are delighted to be part of the first m-pay service, on time and less than 6 months from signing the contract," said Jack McDonnell, director marketing and business development with Altamedius

MPark will be available on a trial basis to Vodafone customers for an initial period through to September 2002. It uses Altamedius' flagship payment intermediation platform iCon, which offers bank-grade payment processing capabilities and eliminates the need for change to installed infrastructure or merchant systems.

Vodafone says it will extend m-pay to cover purchasing of other low value goods and services, via the Internet, WAP and IVR, over the coming months. The move is viewed as a potential threat to bank control of consumer payment flows.

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

SmartTrust and Mosaic in mobile payment authentication alliance

SmartTrust and Mosaic in mobile payment authentication alliance

24 July 2002  |  3702 views  |  0 comments
Mobileway and Arcot partner for mobile authentication

Mobileway and Arcot partner for mobile authentication

23 July 2002  |  4300 views  |  0 comments
724 looks to SMS for mobile growth

724 looks to SMS for mobile growth

16 July 2002  |  3932 views  |  0 comments
Mobileway authenticates mobile payments via SMS

Mobileway authenticates mobile payments via SMS

15 July 2002  |  3638 views  |  0 comments
Banks backing away from mobile investment says Bull

Banks backing away from mobile investment says Bull

03 July 2002  |  5946 views  |  0 comments
Altamedius signs up to BEA Star programme

Altamedius signs up to BEA Star programme

03 July 2002  |  3189 views  |  0 comments
BMO scraps wireless banking operation

BMO scraps wireless banking operation

24 June 2002  |  11118 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit http://go.jumio.com/finextraAdVisit www.abe-eba.eu

Top topics

Most viewed Most shared
PayPal agrees $2.2 billion deal for iZettlePayPal agrees $2.2 billion deal for iZettl...
9932 views comments | 16 tweets | 28 linkedin
BBVA begins global roll-out of unified mobile appBBVA begins global roll-out of unified mob...
8734 views comments | 6 tweets | 5 linkedin
Japanese banks join quantum computing hubJapanese banks join quantum computing hub
7398 views comments | 8 tweets | 5 linkedin
SEC lures wannabe crypto investors with fake ICO siteSEC lures wannabe crypto investors with fa...
6910 views comments | 7 tweets | 11 linkedin
Digital banking transformation creating new systemic risksDigital banking transformation creating ne...
6666 views comments | 17 tweets | 22 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job