News Articles

Visa Europe mobile wallet to hit the UK this autumn

Visa Europe says its new online digital wallet service, V.me by Visa, will be available to a select group of consumers in the UK, Spain and France from autumn this year. Further details, including information about participating banks and retailers, will be announced soon.

V.me by Visa will let consumers add several different credit/debit cards to their digital wallet and then access the service via PC, laptop, tablet or smartphone.

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Nokia announces its first NFC Windows Phone device

Nokia has announced that it’ll be producing an NFC version of the Nokia Lumia 610 smartphone.

The Nokia Lumia 610 NFC has been certified for contactless payments with MasterCard PayPass technology and Visa payWave. It’s expected to launch on Orange networks early in the third quarter of 2012.

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NFC smartphones can clone some contactless credit card data, says report

NFC-equipped smartphones can be used to copy data from contactless credit cards, according to a report by Channel 4 News.

It showed security company ViaForensics successfully copying a cardholder’s name and card number from a Barclays Visa card. Attempts to access card information from other providers wasn’t successful.

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Last week at The Fonecast: 12th March 2012

Mark Bridge writes:

It’s all gone a bit quiet. Is it the calm after the Mobile World Congress storm... or is it the knowledge that an Apple announcement will push anything else out of the headlines, even before the product itself has been revealed?

Either way, the last seven days have had significantly fewer news stories than the beginning of the month. But that’s not to say they’ve been completely news-free.

Author: The Fonecast
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Visa Europe follows its Monitise investment with a stake in the Mobile Money Network

The UK-based Mobile Money Network, which is behind the Simply Tap mobile shopping app, says Visa Europe is planning to take a 15% stake in its business. Visa Europe will join the MNN’s three founders: Monitise, Best Buy Europe and Charles Dunstone.

The two businesses aim to implement a number of m-commerce initiatives in the UK in 2012.

Author: The Fonecast
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