CaixaBank, Telef?nica to Trial NFC Payment Again at Mobile World Congress
Spain’s CaixaBank, mobile operator Telefónica and Visa Europe, along with technology vendor Gemalto, plan to demonstrate NFC payment at next week’s big Mobile World Congress in Barcelona.
The project could be a lead-up to a long-awaited commercial launch of NFC payment later this year by the bank and telco, which have already extensively trialed NFC. They have not yet said when they will roll out NFC, however.
Trial organizers will provide NFC-enabled Sony Xperia T handsets with the prepaid Visa payWave application, preloaded with €15 (US$20.09), to 3,500 Mobile World Congress delegates. Telefónica developed the mobile-wallet application, and CaixaBank’s prepaid payment subsidiary, MoneyToPay, is the issuer of the payWave application, which will be stored on Telefónica SIM cards. Gemalto likely will provide the NFC SIM cards. It’s not clear whether any trusted service manager is required for the project.
There are at least 16,000 NFC-enabled retail point-of-sale terminals available in and around Barcelona, along with about 1,000 taxis and an unspecified number of terminals in the Fira Gran Via conference and expo venue itself.
The CaixaBank savings bank, part of La Caixa, is one of Spain’s largest retail banks and the strongest backer to date of contactless payment and NFC among financial institutions in the country.
Over the past year, the bank has distributed more than 1 million contactless EMV cards to customers and deployed at least 750 contactless ATM machines, which it developed–the first bank to deploy such a system.