Monday, October 29, 2012

Vodafone to Launch its Own Mobile Wallet Globally

Vodafone is launching its own mobile wallet service in 2013, allowing Vodafone’s customers to use their smart phones to conduct a number of transactions, including paying for goods and services at the point of sale, during 2013 CorFire says. 

Near field communications seems to be the technology of choice for the global initiative. 

NFC remains a controversial choice of device to point of sale terminal communications in some quarters, but NFC clearly is the favored mobile service provider communications protocol. 

Vodafone has approximately 406 million customers in its controlled and jointly controlled markets and equity interests in over 30 countries across five continents and more than 50 partner networks worldwide. 

As is often the case, Vodafone also participates in other mobile wallet ventures, including Weve, the newly rebranded "Project Oscar" venture of a U.K. mobile operator consortium  including EE (Orange and T-Mobile), Vodafone and O2. 

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