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New York, NY, USA - Visa Inc. (NYSE:V), the world's largest retail electronic payments network, and Nokia (NYSE:NOK), the world's largest mobile device manufacturer, announced plans today to deliver Visa payment and payment-related services - including contactless payments, remote payments, money transfer, alerts and notifications - for Nokia's next generation handsets beginning with the Nokia 6212 classic, expected to be available starting October 2008.

The Visa applications will first be made available for trial use by interested financial institutions and will allow consumers with the Nokia 6212 classic and a relationship with a participating Visa issuing bank to use their Visa account to pay for goods and services; initiate mobile money transfers to other individuals with Visa accounts; receive near real-time notifications of activity on their Visa account; and "opt in" to receive offers and discounts from merchants.

"Mobile payments and services are one of the most vibrant areas of innovation at Visa, as we seek to accelerate the migration from paper forms of payment to digital money," said Tim Attinger, head of global product innovation at Visa Inc. "Visa is already better money - more convenient, reliable and secure than cash. Putting Visa payments and exciting new services into the NFC-equipped Nokia 6212 classic adds another layer of convenience and security for Visa account holders and Nokia customers around the world."... more here: http://www.nokia.com/A4136001?newsid=1254611
Nick: JirkaPraha, 29.9.2008 10:29:09
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The Wall Street bank Goldman Sachs is gearing up to pay huge year-end bonuses to its 31,000 employees after raking in quarterly profits of $3.19bn (£1.96bn), boosted by astute trading, resurgent...
Finance and Business
21.10.2009 08:39:49 | Nick: JirkaPraha
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A man in the United States popped out to his local petrol station to buy a pack of cigarettes - only to find his card charged $23,148,855,308,184,500. "I thought somebody had bought Europe with my...
Finance and Business
16.7.2009 14:36:12 | Nick: JirkaPraha
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The sickness afflicting the global financial economy has entered a new and worrying phase. It started last summer with the closing down of big chunks of the wholesale money and securities...
Finance and Business
24.10.2008 09:14:42 | Nick: JirkaPraha
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As the secretary-general of Opec flew into Moscow yesterday to talk about oil, Alexei Miller, the chairman of Gazprom, was jetting out of Tehran after concluding talks about gas with Iran and Qatar....
Finance and Business
23.10.2008 09:04:19 | Nick: JirkaPraha
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The swift and ruthless exploitation of the economic meltdown on behalf of globalists and central banks revolves around their drive to move towards a one world currency system and an unprecedented...
Finance and Business
21.10.2008 11:59:40 | Nick: JirkaPraha
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After Britain and the US injected massive amounts of capital into their banks, Switzerland has taken emergency measures to try to shore up its banking system. Sean Farrell reports. In an...
Finance and Business
21.10.2008 10:28:38 | Nick: JirkaPraha
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Ukraine, Hungary, and Serbia are all in emergency talks with the International Monetary Fund, raising fears that an exodus of foreign investors will set off a systemic crisis across Eastern Europe....
Finance and Business
17.10.2008 11:31:46 | Nick: JirkaPraha
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Approximately half of the first $250 billion tranche of money approved by Congress for the mortgage crisis will end up in the hands of the "healthy" big banks. "For the good of the American...
Finance and Business
15.10.2008 08:20:19 | Nick: JirkaPraha




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