TITLE

FAIR PLAY IN HSBC PHONE PAYTRIAL

AUTHOR(S)
Fest, Glen
PUB. DATE
March 2007
SOURCE
Bank Technology News;Mar2007, Vol. 20 Issue 3, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that HSBC Credit Card Services is piloting the use of mobile phones with the MasterCard's PayPass System, which is enabled by the Near Field Communication (NFC) standards. The six-months test conducted by HSBC, on the viability of the mobile wallet, can provide some crucial benchmarks of what may eventually shift some people from cash and cards into mobile support. Moreover, based on the surveys, contactless payment forms are expected to gear up.
ACCESSION #
24566855

 

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