Print 16 comment(s) - last by Kiffberet.. on Feb 2 at 8:14 AM

Visa NFc payment system  (Source: MarketWatch)
Visa trial is using the iPhone

Near Field Communications hold a lot of promise for smartphone users as it allows them to pay for goods and services without having to dig out a credit card or cash. There are already a number of mobile payment options in use around the world and more are in the works; the question that remains is if consumers will use the services.

Visa is testing a NFC payment system in Europe with the iPhone. The system uses an attachment that plugs into the phone’s dock connector.

Before embarking on the NFC payment trials in Europe, ComputerWorld reports that Visa conducted a survey to see how much interest there was for such a system. The survey was conducted in Poland, Italy, Turkey, and the UK and found that 87% of iPhone users would be willing to attach an add-on to their smartphone to make mobile payments.

The survey reportedly covered 4,100 people in the four countries. Apple is also working on ways to bring NFC payments to the iPhone with a system that would use iTunes as the payment backend. Purchases would be charged to the credit card that the user has on file. Such as system would work well since iTunes is already used for purchases small and large. IPhone users are also very used to paying for things with iTunes.

Apple would presumably get a portion of the purchase price for hosting the transaction. If the fees for the NFC payment systems are cheaper than those charged by credit card companies, it might see quick adoption in retail outlets.

Apple isn’t alone in looking for a way to grab a piece of the $6.2 trillion yearly that consumers spend on goods and services. Google is also looking at NFC payments for Android.

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

Trials not Trails
By Motley on 2/1/2011 11:24:32 AM , Rating: 3
"Visa NFC Payment Trails Underway in Europe" should read "Visa NFC Payment Trials Underway in Europe"

RE: Trials not Trails
By SSDMaster on 2/1/2011 11:30:05 AM , Rating: 5
Dude, it's just the title. The title's not important at all.

RE: Trials not Trails
By bug77 on 2/1/2011 11:33:12 AM , Rating: 4
The author got Visa, NFC and Europe right. What would you expect, perfection?

RE: Trials not Trails
By neogrin on 2/1/2011 12:13:08 PM , Rating: 2
I'm sure the title isn't important.
It's just what brings the reader to the article in the first place, is all.

On the other hand, maybe the author did it on purpose. The confusing title is what made click on it. If I had actually known it was about tests involving paying for stuff with your iPhone, I wouldn't have bothered.

RE: Trials not Trails
By angryplayer on 2/2/2011 12:31:21 AM , Rating: 2



RE: Trials not Trails
By tng on 2/1/2011 12:46:19 PM , Rating: 2

Visa is sponsoring some kind of hiking event across Europe?

That was my first thought when I seen the tag. Typo I am sure, but who proofs these things?

RE: Trials not Trails
By zebrax2 on 2/1/2011 11:25:28 PM , Rating: 2
Aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht the frist and lsat ltteer be at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe. :P

RE: Trials not Trails
By Kiffberet on 2/2/2011 8:14:53 AM , Rating: 2
Trails and NFC. OMG, WTF was this author/editor thinking. A cow at the local diary could come up with a better title then there's.

"It looks like the iPhone 4 might be their Vista, and I'm okay with that." -- Microsoft COO Kevin Turner
Related Articles
Google Steps Into NFC Market
January 5, 2011, 10:57 AM

Latest Headlines
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
The Samsung Galaxy S7
September 14, 2016, 6:00 AM
Apple Watch 2 – Coming September 7th
September 3, 2016, 6:30 AM
Apple says “See you on the 7th.”
September 1, 2016, 6:30 AM

Most Popular Articles5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
Laptop or Tablet - Which Do You Prefer?
September 20, 2016, 6:32 AM
Update: Samsung Exchange Program Now in Progress
September 20, 2016, 5:30 AM
Smartphone Screen Protectors – What To Look For
September 21, 2016, 9:33 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki