Luottokunta begins Visa’s first NFC trial in Finland

A small scale near field communication trial has begun in Finland. Forty members of staff from payments provider Luottokunta, Sodexo, Visa Europe and Venyon have been issued with NFC handsets that they can use to make payments at merchants equipped to handle contactless payments in Helsinki and at Luottokunta’s offices. The trial participants are able to make small value payments, under €20, without a PIN and high value payments, above €20, by entering a PIN on their handset. More

American Express joins GlobalPlatform’s mobile contactless standardization efforts

American Express has become the latest Full Member of GlobalPlatform, the international smart card specifications body whose technical specifications for cards, devices and systems are used in more than 300 million smart cards and two billion SIM/USIM cards — with the aim of participating in the association’s mobile payments standardization efforts. More

NFC payments trial launched in Italy

Credit Valtellina already issues contactless Visa PayWave cards in Italy’s Sondrio province under the Tellcard brand name. Now it is testing NFC with Visa Europe, in a small scale trial involving fifty of the bank’s employees. More (in Italian) in Cellulare Magazine. More

Visa Australia ups contactless transaction limit to A$100 (US$87)

The rollout of contactless payments is gathering pace in Australia, with 500 merchants in Melbourne set to install contactless terminals this month. The transaction limit is being increased to A$100, with no PIN required — expanding the use of contactless transactions beyond the small purchase levels previously set in Australia and elsewhere. The new limit means consumers will be able to pay by contactless (and, later, by NFC) for their fuel purchases as well as for coffees and other quick serve items. Will other countries follow? Read the full announcement from Visa Australia here. More