Menu
Vodafone adds bank cards to mobile payment service

Vodafone adds bank cards to mobile payment service

The upgraded version of Vodafone Wallet will become available before the end of June

Hoping to make a mark in the increasingly competitive mobile payment sector, Vodafone will soon let users of its Wallet service pay for goods via contactless terminals with a Visa bank card stored on their Android smartphones.

The upgraded version of Vodafone Wallet will become available in Europe during the second quarter. It's a step up from the tag-based payment service the operator offers in Germany, Spain, U.K., Italy and the Netherlands. Instead of sticking a tag on the back of the phone, an alias of each card will be stored on an NFC-compatible SIM card. The cards are added using the Vodafone Wallet app.

For users, special SIM cards aren't as straightforward as when the technology is built into their smartphone, which is what Apple has done with Pay. However, choosing this setup makes Vodafone Wallet compatible with more phones and the operator won't be dependent on smartphone manufacturers to make it work. Vodafone said Wallet will work with existing contactless terminals and a wide range of Android smartphones.

So far, telecom operators have struggled to make a go of mobile payments. For example, the Softcard joint venture (formerly known as ISIS) between U.S. AT&T, T-Mobile, and Verizon is shutting down its service on Tuesday. The technology and intellectual property has been sold to Google. As a result of the deal, the three operators will preload Google Wallet on new Android smartphones this year.

While Apple Pay has raised awareness about mobile payments, the service isn't yet available in Europe and European Google Wallet users can't pay for goods in stores. Also, Samsung Electronics is prioritizing the U.S. and South Korea for the initial roll out of its Pay service later this year. So, while success is far from certain, Vodafone seems to have a small window of opportunity.

In Europe, Visa is also working with Orange and TIM, but their payment services use prepaid cards just like the old version of Vodafone Wallet.

Send news tips and comments to mikael_ricknas@idg.com


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags smartphonesAndroidconsumer electronicsVodafone Group

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments