NFC technology based mobile payments launched by TD Canada Trust

NFC Technology Canada

The Canadian bank has now entered into the marketplace for smartphone based transactions. TD Canada Trust, the Toronto-Dominion Bank’s retail banking arm, has just announced the launch of its NFC technology based mobile payments system that represents the first in the country that will use near field communications that will be supported across all three of the major wireless networks in the country: Rogers, Bell, and Telus. The new feature, called TD Mobile Payment, has been integrated into the latest update of the bank’s app. That application is already used…

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Visa and Samsung to promote mobile commerce at 2012 Olympic Games

GALAXY S III NFC Enabled Phone

Olympics and Paralympics to be testing grounds for GALAXY S III Samsung and Visa have announced that the Samsung GALAXY S III will be showcased at this year’s Olympic Games in London, UK. The smart phone is equipped with NFC technology that allows it to facilitate mobile transactions. A limited edition version of the smart phone will be used during the Olympics and Paralympics this year as a way to showcase the viability and convenience of mobile commerce. The device will be made available to athletes competing in the Games…

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Visa awards several telecommunications companies with approval to use the payWave software

Visa Mobile Payments News

Visa Inc., one of the world’s leading credit associations, has announced that a number of NFC-enabled smart phones… from companies like Samsung, LG Electronics and Research in Motion have been awarded with certification to use Visa’s payWave software. payWave is a form of mobile wallet that is installed on a smart phone’s SIM card. The software relies on NFC technology to facilitate mobile payments. The mobile devices made by the companies awarded with the certification will be able to include the software with their new mobile devices. Mobile commerce is…

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