Gemalto, Itaú, TIM Launch NFC Mobile Payments Pilot In Brazil

What's Next In Payments®
5:12 PM EDT February 24th, 2013

Gemalto, Itaú bank and mobile operator TIM have announced the launch of an NFC mobile payments trial in Brazil. Participants will be able to make purchases in more than 100 frequently visited restaurants, coffee shops and local stores.

“Technology, infrastructure and consumer awareness of contactless payment are poised for tremendous growth in Brazil,” said Fernando Teles, Credit Card Director, Itaú Unibanco. “Gemalto’s proven NFC technology increases agility in payment systems helping to transform consumers’ relationship with their banks, mobile devices and operators and ultimately, energize the marketplace in Brazil.”

Read the full story here.

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