O2 Mobile Phones to Become Smart Wallets
Mobile phone pilot of new technology set to make cash payments a thing of the past
The UK’s first large scale pilot of NFC (Near Field Communications) on mobile phones is being launched today, which will allow a mobile phone handset to be used as a wallet for electronic cash, much like an Oyster card.
O2 Mobile Launches NFC – Near Field Communications on mobile phones
NFC is a wireless connectivity technology, which allows secure communication between electronic devices at a short-range, and is set to pave the way for people to use their phones to pay for purchases or public transport by simply swiping their phone across a reader.
The six month pilot by O2 will involve over 500 participants. In the trial users will be able to:
Make ?¢‚Ç¨Àúcontactless?¢‚Ç¨‚Ñ¢ payments at selected retailers for purchases under ?Ç¬£10, by simply tapping their phones on the reader. They will also be able to use their phones to check available funds, and to locate retailers close to them that accept contactless payments.
Travel on public transport with Oyster; they will also be able to top up their Oyster cards by touching their handset on ticket machines or at ticket stops.
Touch the handset on selected ?¢‚Ç¨Àúsmart posters?¢‚Ç¨‚Ñ¢ ?¢‚Ç¨‚Äú smart posters contain embedded tags with more information about the subject on the poster (eg. an item on sale, or an event taking place).
Still answer a call while making a transaction ?¢‚Ç¨‚Äú as calls or text messages will not interfere with the NFC service.
Each trial participant will be given a Nokia NFC handset installed with the O2 Wallet which groups together multiple NFC applications, including an Oyster card and a Barclaycard Visa. It?¢‚Ç¨‚Ñ¢s hoped the findings will help better explore the viability of this technology, and whether customers feel safe and confident to use their phones instead of cards or cash, to purchase goods and on public transport.