NFC Payments to Take Over Another Subway System

By  |  April 5, 2012
 | 

NFC-based contactless payments will make their debut in Moscow subway stations by the end of this year, according to a report by RBTH.com.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Vimpelcom, a major Russian mobile operator, developed the technology last year and initially implemented it in the St. Petersburg subway system.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    This is the latest NFC development for the country, which has seen an increase in consumer interest for the technology over the past two years. In October 2011 MTS, a Vimpelcom competitor, showcased a prototype of its ‘Store of the Future’, which enabled consumers to make payments directly from their bank accounts via mobile phones.

    Click here to read the complete article.


    See More In: