Czech Republic: Telefónica and GE Money Bank Launch NFC Payments Service with PayPass

Scope: 
Rollout
Status: 
In progress
Czech Republic
50.0755
14.4378
Launch: 
Jan 2013
Main Application: 
Payment
Mobile Operator: 
Telefónica Czech Republic
Service Provider (application): 
GE Money Bank (MasterCard PayPass)
Merchants: 
15,000 PayPass terminals in Czech Republic, many more abroad
NFC Handsets: 
Samsung Galaxy S III
NFC Handsets: 
Samsung Galaxy Note II
NFC Handsets: 
Samsung Galaxy Ace 2
TSM*: 
Giesecke & Devrient (for Telefónica), Giesecke & Devrient (for GE Money Bank)
Secure Element: 
SIM
Other Vendors: 
MasterCard Worldwide (PayPass application), Gemalto (NFC SIMs), NXP Semiconductors (NFC phone chips)

Telefónica Czech Republic introduces its O2 Wallet with the launch of NFC services, which incl

NFC Times Take: 

The launch is the first by a Telefónica group operator. It follows trials and a precommercial launched by Telefónica (O2) Czech Republic, the latter held last year, working with Visa Europe. Both MasterCard and Visa are interested in the high penetration of point-of-sale terminals–about 20%–supporting contactless bank payment in the small country. Expect a launch by sister operator, Telefónica (O2) Germany, next month. Telefónica (O2) UK and Telefónica Spain are also gearing up for delayed NFC launches.

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