Nokia and Visa EU announced their cooperation in the field of mobile payments. The two companies have joined forces to enable consumers to use their mobile phones to make secure and convenient card payments. The cooperation is centred on the new wallet application in Nokia handsets and the Verified by Visa service. The new version of the wallet application, first introduced in the Nokia 6220 and Nokia 6600 phones, makes service access and mobile payment suitable for mobile users.
The application enables users to store a range of personal information, such as usernames and passwords for different mobile services, Visa payment card details, delivery addresses and personal notes, on their mobile phone and retrieve that data during a browsing session to fill in required data fields.
“The latest technological advancements, such as high-quality colour displays and next generation XHTML browsers over TCP/IP, allow end-users to enjoy richer and more compelling graphical content and increased efficiency for large data files,” said Kai Öistämö, senior vice president, mobile phones business unit, Nokia Mobile Phones.
The needed data can be sent to the application over-the-air by service providers and card issuers or alternatively the consumers can manually enter data into the wallet All the data in the wallet is encrypted and the application can be accessed only with a wallet PIN code.
Visa sees the mobile channel as an integral part of its strategy and is extending the Verified by Visa service to include the mobile channel. Verified by Visa protects the cardholder with a unique password and personal assurance message.
Cardholders can use the same password both in the Internet channel and in the mobile channel. The underlying technology behind the Verified by Visa service is the 3-D Secure protocol, a global payment authentication standard developed by Visa to make online shopping safe by authenticating cardholders and merchants.
2003-09-23
Notícias