Technology Industry
Industry: Email Alert RSS FeedM-commerce steps into stoplight with Nokia, Visa teaming.(Global Wireless)
RCR Wireless News, September, 2003
The mobile commerce industry saw several new announcements and partnerships in conjunction with the Mobile Commerce World Europe 2003 event in London, but the most notable event included a teaming of perhaps the biggest names in the wireless and commerce industries.
Nokia Corp. and Visa announced they will team to offer payment services embedded in Nokia mobile phones. Nokia said it will include Visa's payment technology in its new wallet application, which is currently available in the Nokia 6220 and 6600. Visa's Verified by Visa technology will allow users to input passwords and credit-card details into their phones, secured by PIN numbers, and that information can then be used to make secure payments using the phones.
"By extending the 3-D...
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