Pelephone, a mobile network operator, has announced a new partnership with credit card companies Leumi Card and Isracard to release an NFC digital wallet in Israel, reported NFC World. The wallet will go live in the next few weeks and will start off using contactless stickers.
A credit check will be issued to consumers seeking to sign up for the digital wallet. If they are approved, they will be given an NFC sticker that can be attached to their mobile phone. Customers can use the mobile phone to make payments across Israel and overseas the same way contactless payment cards are used.
Pelephone also announced it will soon release a digital wallet application that will allow users to monitor transactions and receive vouchers. Those using the wallet will not be obligated to make credit card payment fees for one year.
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