Smartphones from Samsung, LG and Research In Motion (RIM) have been certified for use with Visa’s mobile application PoS, Visa payWave.
The Samsung Galaxy SII, LG Optimus NET NFC, BlackBerry Bold 9900, BlackBerry Bold 9790, BlackBerry Curve 9360 and BlackBerry Curve 9380 have been added to the list of Visa compliant payment products available for commercial deployment by financial institutions.
All the new devices certified by Visa host the Visa payWave application on a secure SIM card and feature NFC (Near Field Communication) technology, the short range communications standard that enables mobile phones to securely transmit payment information to a contactless payment terminal.
“The players are now in place for mobile payments to become a reality,” says Sandra Alzetta, head of mobile business unit and innovation, strategy, at Visa Europe. “We are working with our member banks, mobile network operators and key handset partners to ensure that future payment technologies are as easy, intuitive and secure as card-based transactions are today. Today’s announcement plays a significant role in getting those new technologies into the hands of the consumer. It is a very exciting time for us all.”
Visa’s certification of these smartphones paves the way for mobile device manufacturers, mobile operators and retailers to partner with financial institutions to offer Visa mobile payment functionality to consumers globally.












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