Credit card company Barclaycard and Everything Everywhere, owner of the Orange and T-Mobile operator brands in the UK, are launching a near-field communications-enabled mobile phone in early summer, which they say will be the UK's first commercial 'mobile wallet'.
NFC-enabled mobile wallet tech is heading to the UK. Photo credit: Natasha Lomas/silicon.com
Near-field communications (NFC) payment technology has been embedded in mobile handsets in countries such as Japan for years but wallet phones have only been trialled in the UK until now. The tech enables mobile wallets to be used to pay for small-value transactions, which today typically involve cash, by swiping the handset over a contactless reader.
"So far, handsets coming on to the market came with a promise of mobile payments in the future but by this summer Barclaycard and Orange customers will have the first phone ever that lets them do it," said David Chan, chief executive of Barclaycard Consumer Europe, in a statement.
For more on this ZDNet UK-selected story, see NFC phone coming to the UK this summer on silicon.com.
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