French mobile operators, retailers form contactless payments group
08 December, 2008
category: Contactless, Financial, NFC
Three French telecom operators–Orange, SFR and Bouygues Telecom have–have joined with eight retailers in the country to create a “working group” dedicated to standardizing NFC use in mobile phones.
Called the Ergosum Project, its aim is to foster a contactless mobile payments systems at the point of sale. The group wants contactless payments systems that work with all handsets, operators and retail chains. The same system should also apply to bank and loyalty cards and discount coupons, as well as be compatible with existing electronic money systems.
The technology must also work with the Payez Mobile system developed by the three telecom operators along with seven of the country’s major banks. The retailers involved include Auchan, Carrefour, Castorama, Fnac, Jules, Kinepolis, Leroy Merlin and Le Groupement des Mousquetaires along with financial service providers Banque Accord, COFIDIS, Finaref and LaSer.
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