Telstra joins hands with NAB and Visa to launch M-payments (Australia)Telstra, National Australian Bank and Visa together have launched trial for the contactless mobile phone payments with a set of subscribers. The technology, during the trial, will allow subscribers to download their NAB Visa credit card software application onto their Telstra mobile phone SIM card remotely, which will enable them to purchase goods and services by waving their mobile phone over a participating NAB merchant’s reader.
Subscribers will be able to make transactions below AUD 35. According to Telstra Group Managing Director Enterprise and Government, David Thodey, the firm may be able to provide subscribers with the ability to selectively add cards or accounts to their mobile phone accordingly.
The trial involves 200 participants and 12 merchants in the Docklands area of Melbourne.
