Finnish operator plans autumn NFC launch

07 AUG 2012

Finnish mobile operator Elisa is set to offer NFC-based contactless payment services to more than 100,000 students this autumn. The operator is working with Lyyra, a company that offers student cards in Finland, on offering NFC stickers to students that they can apply to conventional mobile handsets.

As part of the scheme, the operator is partnering with MasterCard so that NFC payments can be made at point-of-sale terminals offering the company’s PayPass technology. Payment stickers will be issued free of charge to Lyyra cardholders from the end of next month until the end of 2012.

In addition to the stickers, the Elisa Lompakko service also includes a virtual card for online payments as well as a mobile app, which also allows users to make P2P money transfers with one another.

Students will be able to pay for meals in campus cafes as well as make transactions in other locations that feature NFC-based contactless readers. The service accepts payments up to a limit of EUR25.

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Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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