TIM to provide NFC services

NFC pilot Brazil

An NFC payments pilot has been launched by Brazilian mobile network operator TIM, in collaboration with MasterCard, Banco ItaúRedecard and TSM provider Gemalto.

As part of the pilot, fifty people in restaurants across Rio de Janeiro and Sao Paulo will use NFC phones to charge purchases to TIM Itaucard. The pilot aims to anticipate any potential difficulties with the system, increase technological knowledge and train employees. TIM aims to offer NFC services to consumers by June. TIM has also announced a broader mobile payment service working with MasterCard and savings bank Caixa Econômica Federal. This service, also due to be implemented this year, will provide users with a virtual prepaid card account. Consumers will pay with a magnetic stripe card linked to their mobile number.

Rodrigo Serna of Gemalto, says: “This is one of the first NFC pilot projects in Latin America and we see it as just the beginning. With a major player like TIM able to provide NFC services to its large customer base, we are a step ahead in implementing massive mobile contactless services in Brazil.”

Related reading

Leave a comment