The technology is provided by Telstra and it allows consumers participating in the trial to remotely download their NAB Visa credit card software application onto their Telstra mobile phone SIM card, enabling them to purchase goods and services by waving their mobile phone over a participating NAB merchants reader. Consumers will be able to make low value transactions under AUD 35. Telstra Group Managing Director Enterprise and Government, David Thodey said that in the future, Telstra may be able to provide customers with the ability to selectively add cards or accounts to their mobile phone when they choose. The trial, involving 200 participants and 12 merchants in the Docklands area of Melbourne, will run over the coming months. Melbourne Docklands is a waterfront development in the heart of Melbourne comprising 200 hectares of land and water and seven kilometres of waterfront.
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