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Visa trials mobile payments in Finland

Stuart O'Brien
Visa trials mobile payments in Finland

Near Field Communications (NFC) experiment is the first in the Nordic region

Visa has teamed with Finnish payments specialist Luottokunta to trial mobile NFC payments among forty employees from Luottokunta, Venyon, Sodexo and Visa Europe.

Their handsets have been loaded with a Luottokunta Visa mobile payment application and can be used for both low-value (less than €20) or high value payments (above €20).  

The six-month Finland trial follows others conducted by Visa in the UK, France, Turkey, Italy, Switzerland and Spain.

Visa says the mobile NFC trial also paves the way for credit card-based contactless payments in Finland.

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Tags: NFC , finland , near field communications , visa , visa mobile