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Italy: Banks team up with two telecoms companies and PayPass to conduct mobile payment trials

Broadcast United News Desk
Italy: Banks team up with two telecoms companies and PayPass to conduct mobile payment trials

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scope:

Judgment

Rome

Italy

41.9015

12.4608

emission:

October 2012

The main purpose:

Payment

Mobile operators:

Vodafone Italy

Mobile operators:

Three Italy

Service Provider (Application):

Banca Nazionale del Lavoro, BNL (MasterCard PayPass)

Merchant:

Supermarket chains Eataly, Tuodi and Spar, as well as book and music retailer la Feltrinelli, are among those that have PayPass terminals.

user:

150 (employees and customers)

NFC Phones:

Samsung Galaxy S III

Active status*:

yes

Security Elements:

SIM

Other suppliers:

MasterCard Worldwide (PayPass app), NXP Semiconductors (NFC mobile phone chips)

Employees and customers Italy’s BNL Bank (part of the BNP Paribas Group) will

Views in the NFC era:

BNL reportedly plans to launch commercial NFC applications by 2014. But the Italian NFC market is heating up, with one of the country’s largest banks planning to Intesa Sanpaolowill begin commercially launching its Move and Pay app in early 2013. Intesa is working with mobile operator Telecom Italia to launch SIM-based NFC payments in Italy under a deal announced on October 24. Intesa may also work with Vodafone Italia, which said earlier this month it would Launched NFC commercialization In 2013, MasterCard launched a new initiative to install its own co-branded MasterCard PayPass application on its SIM cards.

* Trusted Service Manager: This is broadly defined to include companies or other organizations that securely distribute, configure and manage applications via the secure element in NFC phones (usually over the air); or license their platform for this purpose.

N/A: Not available or applicable.
Last updated: October 2012

 

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