The Mobile World Congress 2012 is not made only ads with new smartphones and tablets.Visa, for example, announced on Monday (27) a new solution “one-stop” for payments via mobile phones. The service may be used by owners of phones with NFC (Near Field Communication – is a technology that enables the exchange of information between devices without the need for cables or wires (wireless), requiring only a physical approach), and will meet the financial institutions and mobile operators.
The new service was developed in collaboration with the data security company Oberthur Technologies, which will provide the software and data structure to manage the bank accounts and credit cards together with compatible phones with NFC. Visa, on the other hand, promises to provide the elements necessary for the transaction via smartphones is as safe as possible within the requirements of ecosystem payments from mobile devices.
The payment would be made by the system “Over The Air” (OTA) via NFC, allowing not only the payment of bills, but also pay for purchases at various outlets as well as financial transactions between two users. All this through a powerful tool, with various levels of enhanced security and certifications, which require client authentication for the transaction is completed.
For this to work, you need a phone with NFC approved by Visa, in its compliance testing. It made a previous contact between the customer’s bank or the flag with the Visa card to the service provider or mobile operator user requesting activation of the service payments by phone to the customer account. When using your phone for payment of the account, the software Visa’s mobile communication operator and the bank, and then begin the payment process. The software will authenticate the account holder, requesting the user to enter a password. If the password is correct, the transaction is completed.
Intel has announced it will partner with Visa, and add the feature in its new smartphones and tablets with NFC.