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Visa to Launch Mobile Commerce; Technology May Be Introduced in 2005.

Bangkok Post (Bangkok, Thailand)

| November 05, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Srisamorn Phoosuphanusorn

Nov. 5--Visa International, the world's leading payment brand, is looking to introduce e-payment technology through mobile phones in Thailand next year following its successful debut in South Korea and Japan.

"Thailand could be seeing the m-commerce services sometime in 2005, with the proximity payment system likely to apply for the Thai market," Bruce Mansfield, general manager of Visa Asia-Pacific, said this week in Bangkok.

The proximity payment system is a payment transaction that takes place between a buyer's mobile phone and a seller's terminal using infrared technology.

Mr. Mansfield said ...

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Source: HighBeam Research, Visa to Launch Mobile Commerce; Technology May Be Introduced in 2005.