Vodafone introduces contactless mobile payment method
Vodafone launched a mobile payment service for near field communication-enabled smartphones yesterday with its partners OTP Bank and MasterCard, Hungarian news agency MTI reported.
The "Vodafone Wallet" is a contactless payment service that is available at approximately 45,000 points of sale throughout Hungary. Plans are also afoot to extend the service to customer loyalty programs, coupons and tickets.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.