Malaysia to trial mobile payment from Visa

Nokia and Visa have teamed up to provide credit card users in Malaysia a chance to buy items using mobile phones.

Using Visa’s Wave readers, a system that deducts a payment from a credit card when an NFC (Near-Field Communication) mobile is pressed against it, the companies will test out the service in Kuala Lumpar where 200 users will try the technology. Only Nokia’s 3220 supports the Visa Wave service.

The four-month trial could be a precursor to a full commercial rollout, the companies said.

NFC has yet to catch on in Europe where it is only available as a commercial service in Hanau, Germany where it is used to pay for bus journeys.

In Japan NTT DoCoMo uses its own credit card brand, iD, which allows consumers to pay for goods with their so-called ‘wallet phones’.