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NEWS DIGEST: Nokia launches mobile payment NFC handset.
(From Electronic Payments International)
Japanese mobile phone manufacturer Nokia is to launch the world's first fully integrated, commercial near field communication (NFC)-enabled handset, the Nokia 6131 NFC phone. It will allow users to engage in information sharing, service initiation and payment and ticketing functions with one tap of the device.
Nokia said that the handset is used in much the same way as existing contactless cards and keytags to allow access and make small payments, and that the addition of NFC technology to a fully featured mobile device brings a new level of capability by leveraging the phone's computing power, wireless internet access and user interface.
The handset is expected to ...
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