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Secure Transactions News

Mobile payment workgroup set up in Switzerland

Thursday 9 April 2009

Several NFC pilots involving Swiss operators already took place : Credit Suisse, PostFinance, Swisscard, Swisscom and Telekurs Multipay, together with Visa Europe have launched a pilot in Switzerland of Visa payWave contactless payments by card and mobile phone (cf. Smart Insights #08-40). Swisscom is also involved in a NFC pilot with Legic, and coffee machine provider Selecta (cf. SI #08-41). And, Legic announced earlier it was involved in an NFC project with Swisscom and Adasoft, a Swiss provider of security solutions (cf. SI #07-12).

The objective by the end of 2010 is to be able to provide service models to banks, transportation companies and trading firms to support their electronic services in the best way and to deliver an added value.

In order to ensure cross-border functioning of mobile payment and mobile contactless services, the work group is also taking into account the standards used by international standardization organizations such as ETSI, GSMA, EMVCo and NFC Forum.