Telecom operator Etisalat and financial institution Emirates NBD will test payment applications with NFC-enabled phones in the United Arab Emirates, according to reports in The National
The two companies will select certain customers for the trial who will be issued NFC-enabled handsets. If the trial goes well and handsets are made available Etisalat is considering subsidizing the price of these phones. Emirates NBD and Etisalat are also planning on partnering with merchants to get additional contactless terminals in the field. The two organizations have not set a time frame for the pilot program.
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