Turkish bank taps VeriFone for NFC payments rollout
14 February, 2011
category: NFC
VeriFone Systems has announced that its contactless payment acceptance system has been chosen by Garanti Bank of Turkey for its nationwide integrated NFC SIM mobile payment program.
Garanti and Turkish mobile network operator Avea recently moved from pilot phase to commercial availability of their system, which uses NFC-enabled SIM cards to turn existing mobile phones into NFC payment devices.
The new add-on SIM card features an antenna from Gemalto and a Garanti pre-paid MasterCard PayPass account, loaded in the SIM manufacturing stage.
So far VeriFone has supplied 10,000 NFC-capable devices to Garanti for merchant use.
Garanti is already using VeriFone’s systems for its Bonus Trink contactless payment program, which enables customers to make payments using a credit card, key fob, watch or the Bonus Trink contactless sticker.