EMT and Estonian banks launch NFC payments pilot

Tuesday 5 November 2013 09:55 CET | News

Mobile network operator EMT has begun pilot testing a near field communication (NFC) mobile wallet in Estonia, in partnership with financial institutions Danske Bank, Nordea Pank, SEB Pank and Swedbank as well as retail group Tallinna Kaubamaja.

The Bank Payment Card in Mobile pilot will involve 150 people who are set to use their NFC phones to pay for goods in department store Kaubamajas Ilumaailm (Beauty World) and Toidumaailm (Food World) sections, at Selver stores at Järve and Pirita and at a number of cafes.

Users bank cards are set to be stored on an NFC SIM cards secure element. The pilot is set to run for three months.

In recent news, EMT has made NFC tags available in all its shops across Estonia, enabling its customers to use NFC services.

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Keywords: EMT, NFC payments pilot, NFC phones, Danske Bank, Nordea Pank, SEB Pank, Swedbank, Tallinna Kaubamaja
Categories: Payments & Commerce | Mobile Payments
Countries: World
This article is part of category

Payments & Commerce