Home » News » India » Nokia, PayMate partner for NFC tech

Nokia, PayMate partner for NFC tech

Nokia, PayMate partner for NFC tech

Nokia, PayMate have partnered to develop a solution that will allow users pay bills by just touching their phones.

New Delhi: Handset maker Nokia and online payment services provider PayMate have joined hands to develop a solution which allows user pay bills by just touching NFC-technology enabled handset on a point.

NFC technology is being used for smartcards of metro rail in Delhi where a passenger just touches at a point to pay fare. This technology is also being for paying toll taxes where a card reader installed on toll gates automatically deducts toll charges from a moving vehicle which has toll tax token fitted in to it. "The NFC (near field communication) technology being quite popular in tech-forward countries such as South Korea and Japan, we are proud to have collaborated with Nokia on the largest deployment of NFC touch points in India," Ajay Adiseshann, Founder and MD of PayMate said in a statement.

PayMate and Nokia are looking to extend this experience make Nokia NFC enabled device user to conveniently and securely check and pay for the products they wish to purchase. "Customer could purchase an item by simply tapping their NFC enabled device against an NFC enabled menu or a tag on an item they wish to purchase," the statement said. It added that NFC device could be linked via PayMate to a payment mechanism such as their bank account or a prepaid account and the customer could then authorise the payment directly on to their mobile phones.

"NFC thereby helps in contact-less payments by transforming the mobile phone into a digital wallet, thus eliminating the need to carry cash and credit cards," the statement said.

"To create awareness around this technology, we have deployed NFC chips with unique content across almost 1,000 Nokia outlets in the country. The consumer response to the 'Just Tap' with NFC feature on our smartphones has been very encouraging," Nokia India's Director Marketing Viral Oza said.

first published:November 10, 2011, 11:26 IST