Scope:
Rollout
Status:
Planned
Raiffeisen Bank International is putting a Visa debit application onto microSD cards that
NFC Times Take:
Raiffeisen Bank International told NFC Times it wants to launch contactless-mobile payment independently of mobile operators, so is launching the project with microSDs and iPhone sleeves. It also doesn’t want to wait for the rollout of more NFC phones. The bank says it will launch microSD-based application on other smartphones, as well. But with no contactless terminals accepting Visa payWave at present and reluctance by consumers to alter the shape and appearance of their iPhones with an attachment, the bank faces an uphill climb to gain acceptance for its planned mobile-payment service.
* Trusted Service Manager: Defined loosely to include companies or other organizations securely distributing, provisioning and managing applications, generally over the air, on secure elements in NFC mobile phones; or licensing their platforms for this purpose.
N/A: Not available or not applicable.
Last update: Feb. 2012
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