Visa launches NFC mobile point-of-sale

Abstract

Malaysia is the location for the first commercial Visa mobile payments service for point-of-sale transactions using Near Field Communications (NFC) technology. According to the company – and its partners: Maxis, Nokia and Maybank – the service marks the first time consumers can purchase an NFC-enabled mobile device off the shelf and use that device to make Visa payWave-enabled transactions at the point-of-sale instead of using their payment card.