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April 2, 2011

Samsung plans Olympic phone with NFC payment

by Darren Allan

Other companies don’t seem to agree with Apple‘s insistence that NFC is way too early in its gestation to include on the iPhone 5.

Recently we’ve heard about Google and Microsoft’s intentions regarding Near Field Communications technology, which is planned to be used for mobile payments (it already is in Japan). Everything Everywhere and O2 have also put their NFC cards down, the latter planning a mobile wallet app trial.

Now Samsung is jumping on board the NFC bandwagon, as Mobile Business Briefing reports, with news that the company will be working with Visa to produce a branded Olympics handset featuring contactless mobile payments.

The phone will use a Visa enabled sim card to facilitate purchases from retailers with the necessary contactless technology. Some 60,000 retail outlets in London will apparently be set to accept NFC payments by the time the games rolls around in 2012.

The only question which remains is what network operator Samsung is going to get on board with…

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