Vodafone Sees Payment in NFC Wallets as ‘Business Opportunity’

Vodafone sees its planned prepaid payment service in its forthcoming NFC mobile wallets as a “business opportunity,” though it intends to enable many other applications, including payment from major banks, Christian Wirtz, group director for mCommerce told NFC Times.

Plans call for the telco to roll out a Vodafone-branded NFC prepaid payment service in at least five European countries over the next 12 months, in the biggest announcement of its kind from a major operator group.

The payment services are part of an announcement Vodafone and Visa made two weeks ago that would see at least five Vodafone branch operators, including those in Germany, Turkey and the United Kingdom, rolling out prepaid payment on the Visa network and using a Visa payWave prepaid application.

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