Norwegian telco Telenor and local bank DNB are launching ‘Tap2Pay’, the country’s first nationwide mobile payments service.
‘Tap2Pay’ will act as a single connection point from which mobile operators, banks, public transport authorities and other service providers can plug into and provide services across an interoperable eco-system.
Go deeper with GlobalData
For the full-scale commercial launch, the joint venture has selected Giesecke & Devrient to provide remote management of the secure element and NFC SIM cards to the platform. French tech outfit Gemalto will provide its Allynis TSM Hub as well as integration and deployment support to offer a mix of mobile contactless payments at the point-of-sale, alongside coupons, loyalty programs and transit ticketing.
Telenor and DNB established their joint venture in 2008, launching a pilot project in Oslo in 2011. In August, the company also showcased its Valyou NFC mobile wallet at the Mobile World Congress show, with a promise to begin live operation in the last quarter of 2013.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
