Financial services firm Visa Europe has said it will launch the V.me digital wallet on a controlled basis in the UK, France and Spain in the autumn of 2012.
Telefónica subsidiary O2 has become the first operator in the UK market to launch a mobile wallet offering. The service offers price comparison for online shopping, person to person money transfer and allows the user to digitise cards linked to existing bank accounts, or load money onto an O2 stored value account.
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In addition to all the latest news and analysis from the global mobile communications markets, April’s issue of Mobile Communications International is dedicated to Mobile money. Mobile financial services are back in the news, making for a substantial share of the announcements made at February’s Mobile World Congress. The aim is as simple as the ecosystem is complex, and structuring a play in this space is no mean feat. Also in the April issue we talk to Johan Ragnevad, – acting MD of Sweden’s mobile operator m-wallet joint venture, 4T. Plus we catch up with Bill Gajda, Visa’s head of mobile and Jaymee Johnson, head of marketing at US operator-led m-wallet venture Isis.
The UK arm of France Telecom’s Orange has launched what it says is the first contactless mobile phone-based payment services, allowing customers to make purchases up to the value of £15. The service has been developed in conjunction with Barclaycard, and will use the credit card firm’s network of contactless readers, deployed in more than [...]