Sunday 23 October 2016 | RSS



    Irish banks to launch NFC services in 2011?

    Executives from Visa Europe are meeting with Irish banks in Dublin this week with a view to launching commercial NFC services in Ireland, according to a report in the Irish Examiner:

    Mobile phones will soon be heard ringing at the tills as plans are finalised so that they can be used as debit cards.

    Discussions are taking place which will see Irish banks offer technology which would be placed in mobiles so that owners can pay for small purchases.

    It is hoped that the technology will replace cash for small purchases.

    It is hoping the plans will be finalised by 2011.

    Visa Europe is also planning to introduce contactless cards in Ireland, for purchases up to a value of €20, the article continues.

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