Wednesday, August 22, 2012

Singapore Mobile Operators Launch Mobile Payments

SingTel, Singapore’s largest mobile operator, along with telco M1, today announced availability of mobile payment service using new subscriber information modules (SIMs) for NFC-enabled Android phone models including the Sony Xperia S and Samsung Galaxy S Advance. M1 is also offering NFC service on the Samsung Galaxy S III.

SingTel and Mi are enabling subscribers to pay for retail purchases payment service provider EZ-Link Pte. M1 subscribers also will be able to use M1’s new co-branded prepaid card application, which supports MasterCard PayPass.

The launches follow StarHub’s  launch of its mobile payment system SmartWallet in early August 2012.

The SmartWallet will offer three payment applications that mirror the M1 choices.

StarHub plans to make three Android NFC phones available, as well, including the Samsung Galaxy S III.

All three telcos are part of a consortium chosen by Singapore telecoms and information services regulator Infocomm Development Authority to build an interoperable NFC infrastructure.

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