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Visa and Kasikornbank launch NFC payments trial in Thailand

Customers can upload their Visa card account to a Nokia 6212 handset containing Visa’s payWave contactless application and then make purchases at any of 1,000 merchant locations equipped to handle contactless transactions.

KASIKORNBANK: Testing Paywave on Nokia phones
KASIKORNBANK: Testing Paywave on Nokia phones

Visa and Thailand’s Kasikornbank (Thai Farmers Bank) have begun an NFC payments trial, reports the Paypers:

The service enables bank users to upload their Visa accounts onto the Nokia 6212 handset which contains Visa’s payWave contactless application. This will allow Kasikornbank customers participating in the trial to make purchases at more than 1,000 payWave merchant locations in Thailand.

Clients will be able to make mobile payments by waving their mobile phone over the Visa payWave contactless readers at the point-of-sale (POS). Purchases will be charged directly to the customer’s Kasikornbank Visa credit card account. The Visa payWave-enabled transactions are protected with the same security layers used for all Visa transactions. On top of contactless payments, the Visa payWave platform offers over-the-air personalisation, coupons and direct marketing.

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