JCB to Trial NFC in Netherlands
JCB, the Japan-based payment card company, says it will trial a Near Field Communication (NFC)-based mobile-phone payment service in Amsterdam beginning this autumn, according to an online article. The company says it is conducting the pilot because it sees payment applications on mobile handsets as a way to convert small-value transactions to its card scheme. Seven other companies are involved in the pilot, providing chip, personalization services, payment terminals, the phones and transaction processing.