03 April, 2009
category: Contactless, Financial, NFC
Citibank Singapore partnered with Visa and M1, a mobile operator, to deploy a three-month near field communication pilot in Singapore, according tot he E-Commerce Journal.
The trial will started in May and will include 300 Citi M1 Platinum Visa cardholders. Participants will be given a Nokia 6212 classic handset. Participants of the experiment will be enabled to make purchases of up to $66 at more than 750 merchants by waving the NFC-enabled mobile phones over a contactless reader at the point of sale.
Read more here.