Nokia Announces the World's First NFC Enabled Mobile Product for Contactless...
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`2/9/05 PR Newswire Eur. 11:19:00
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`PR Newswire Europe (inc. UK Disclose)
`Copyright © 2005 PR Newswire Europe Limited. All Rights Reserved.
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`February 9, 2005
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`Nokia Announces the World's First NFC Enabled
`Mobile Product for Contactless Payment and Ticketing
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`ESPOO, Finland February 9
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`ESPOO, Finland, February 9 /PRNewswire-FirstCall/ -- Nokia today introduced a new product for secure mobile contactless
`payments and ticketing. The world's first Near Field Communications (NFC) product for payment and ticketing will be an
`enhanced version of the already announced Nokia NFC shell for Nokia 3220 phone. It delivers the promise of NFC based
`services, covering service discovery, payment and ticketing. The Nokia NFC shell will provide the first opportunity for
`consumers, mobile operators and service providers to benefit from an easy, touch-based access to services and content.
`
`With the Nokia NFC shell for payment and ticketing, the consumer can conduct local transactions with a mobile phone,
`simply by touching a point of sales device or ticket gate. Consumer's payment credentials, such as debit and credit cards, and
`transport tickets are securely stored in the integrated smart card chip of the Nokia NFC shell. The Nokia NFC shell for payment
`and ticketing is compliant and interoperable with contactless smart card infrastructure. Hence additional investments are not
`required.
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`Nokia
`
`"Visa is always looking for exciting, first-rate innovations that advance the field of contactless payment and we are pleased
`to join forces with Nokia in this pioneering effort," said Jim Lee, senior vice president, Product Technology and Standards,
`Visa International. "The development of the Nokia NFC shell serves as a natural extension of Visa's contactless card and phone
`programs around the world. Moreover, it aligns well with Visa's commitment to enabling payments anywhere, anytime, through
`any device."
`
`"We are pleased that Nokia is developing technology that will support MasterCard(R) PayPass(TM) contactless payment
`technology in a mobile handset. This is a natural extension to the successful PayPass market trial that we carried out together in
`Dallas, Texas in 2003. MasterCard's research has consistently shown that consumers are interested in using their mobile phones
`for making convenient payments in the future," said Richard Fletcher, senior vice president, Mobile and Wireless Centre of
`Excellence, MasterCard International.
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`In the first live NFC-based public transport ticketing showcase of its kind, Nokia 3220 mobile phones will be tested within the
`local bus network in the city of Hanau, near Frankfurt, Germany. For the trial Nokia is collaborating with the regional public
`transport authority, the Rhein-Main-Verkehrsverbund (RMV). The mobile phone offers customers a quick and convenient way
`to use the public transport network. "NFC enables us to securely store and electronically control tickets in mobile phones. To
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` © 2021 Thomson Reuters. No claim to original U.S. Government Works.
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`Nokia Announces the World's First NFC Enabled Mobile Product for Contactless...
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`us another important feature of the project is, that the NFC enabled phones are compatible with the contactless smart card
`infrastructure already installed in Hanau," said Peter Preuss, Head of Strategy and Innovation at RMV.
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`"Secure payment and ticketing functionalities add true value to consumers everyday life," said Petri Vesikivi, Director, Nokia
`Ventures Organization. "With this new innovative product, mobile operators can provide payment and ticketing applications to
`the phone together with service providers such as banks and transportation companies. We are excited about this opportunity
`and keen on starting first commercial deployments."
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`The Nokia NFC shell for payment and ticketing will be available in mid 2005. The product will be distributed to consumers
`through operators, and as such it will not be generally available as a traditional enhancement.
`
`The Nokia NFC shell for payment and ticketing will be demonstrated at the Cannes 3GSM World Congress 2005 at Nokia
`main stand (A9, Hall 1).
`
`About Nokia
`
`Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia
`connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile
`phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for
`network operators and corporations. http://www.nokia.com/
`
`About Visa
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`Visa is the world's leading payment brand generating more than US$3 trillion in annual card sales volume. Visa has unsurpassed
`acceptance in more than 150 countries. The Visa organization plays a pivotal role in developing innovative payment products
`and technologies to benefit its 21,000 member financial institutions and their cardholders. Visa is a leader in Internet based
`payments and is pioneering the creation of u-commerce, or universal commerce-the ability to conduct commerce anywhere,
`anytime, and any way. For more information, visit http://www.corporate.visa.com/.
`
`About MasterCard International
`
`MasterCard International is a leading global payments solutions company that provides a broad variety of innovative services
`in support of our global members' credit, deposit access, electronic cash, business-to-business and related payment programs.
`MasterCard International manages a family of well-known, widely accepted payment cards brands including MasterCard(R),
`Maestro(R) and Cirrus(R) and serves financial institutions, consumers and businesses in over 210 countries and territories.
`The MasterCard award-winning Priceless(R) advertising campaign is now seen in 97 countries and in 47 languages, giving the
`MasterCard brand a truly global reach and scope. For more information go to http://www.mastercardinternational.com/.
`
`About RMV
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`RMV is one of the largest regional public transport authorities in Europe, providing its services to the five million inhabitants
`in the state of Hessen, Germany. RMV is responsible for organization and co-ordination of the regional rail services as well
`as for integrating long distance, regional and suburban rail services in to an overall mass transit system. Incorporating 147
`public transport companies, RMV also combines the complete rail system with the regional and local bus systems, taxi services
`and other modes of transportation. The integration includes public transport planning, traffic management systems, tariffs &
`ticketing, promotional strategies and programs, financial controlling and administration, training and other operational aspects
`in the context of public transport.
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`About Near Field Communication (NFC)
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` © 2021 Thomson Reuters. No claim to original U.S. Government Works.
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`Nokia Announces the World's First NFC Enabled Mobile Product for Contactless...
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`NFC technology evolved from a combination of contactless identification (RFID) and interconnection technologies. NFC
`operates in the 13.56 MHz frequency range, over a distance of typically a few centimeters. NFC technology is standardized in
`ISO 18092, ISO 21481, ECMA (340, 352 and 356) and ETSI TS 102 190. NFC is also compatible to the broadly established
`contactless smart card infrastructure based on ISO 14443 A, i.e. Philips MIFARE(R) technology, as well as Sony's FeliCa card.
`http://www.nfc-forum.org/.
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`Additional information for Nokia NFC shell for payment and ticketing can be found from http://www.nokia.com/nfc
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`CONTACT: Media Enquiries: Nokia Ventures Organization, Communications,
`Tel. +358-7180-36117, Nokia, Communications, Tel.
`+358-7180-34900, http://www.nokia.com/
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`---- Index References ----
`
`Company: NOKIA VENTURES ORGANIZATION; NOKIA OYJ; MASTERCARD INTERNATIONAL INC
`
`News Subject: (Business Management (1BU42); Forecasts (1FO11); Sales (1SA20); Major Corporations (1MA93); Product
`Launches (1PR49))
`
`Industry: (Telecom Consumer Equipment (1TE03); Software (1SO30); Retail Banking Services (1RE38); Consumer Phones
`& Answering Machines (1CO78); Busing (1BU35); Manufacturing (1MA74); Smart Cards (1SM97); Transportation (1TR48);
`Banking (1BA20); I.T. in Banking (1IT59); Enhanced Services (1EN42); Trends in Technology (1TR23); I.T. Vertical Markets
`(1IT38); Financial Services (1FI37); I.T. in Financial Services (1IT24); Telecom Services (1TE09); Wireless Equipment
`(1WI69); I.T. (1IT96); Wireless Pagers & Handsets (1WI07); Credit, Debit & Value Cards (1CR28); Transportation Software
`(1TR97); Consumer Electronics (1CO61); I.T. in Telecom (1IT42); Electronics (1EL16); Passenger Transportation (1PA35);
`Science & Engineering (1SC33); Telecom (1TE27); I.T. in Security (1IT64); I.T. in Transportation (1IT48); Networking Markets
`(1NE31))
`
`Region: (North America (1NO39); Western Europe (1WE41); Texas (1TE14); Germany (1GE16); Northern Europe (1NO01);
`Europe (1EU83); Central Europe (1CE50); Americas (1AM92); Scandinavia (1SC27); USA (1US73))
`
`Language: EN
`
`Other Indexing: (CANNES; COMMUNICATIONS; CONTACTLESS PAYMENT; ISO; MASTERCARD; MEDIA
`ENQUIRIES; NFC; NOKIA; NOKIA NFC; NOKIA VENTURES ORGANIZATION; RHEIN MAIN
`VERKEHRSVERBUND; RMV; SONY; TEL; TRANSPORTATION) (ETSI TS; Incorporating; Jim Lee; MasterCard;
`MasterCard International; Peter Preuss; Petri Vesikivi; Philips; Richard Fletcher; Visa; Wireless Centre) (Finland)
`
`(PDT)
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`Ticker Symbol: :NOK
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`Word Count: 1421
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`End of Document
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`© 2021 Thomson Reuters. No claim to original U.S. Government Works.
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` © 2021 Thomson Reuters. No claim to original U.S. Government Works.
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