Visa has started a few more mobile trials around the world. In Brazil it is trialing remote payments, which lets people make payments on the their mobile phones. In Canada Visa will trial its payWave contactless payment service with the Royal Bank of Canada—the trial will start in Ontario in 2008 and use handsets with Near Field Communications chips. The same technology is currently being trialed in Malaysia in partnership with Maybank, Maxis and Nokia (NYSE: NOK) reports Wireless News. Visa is also trialling payWave in Taiwan. PayWave is also in some of Visa’s US credit cards, so it doesn’t need to rely on mobiles to get the technology going. The mobile banking and payments market is picking up speed, these from the last 30 days:
Sony, NXP Form Moversa, JV For Mobile Payments
Qualcomm Buys Mobile Banking Firm Firethorn For $210 Million
AT&T To Preload Banking App On Handsets
Motorola Invests In Mobile Payments Firm VivOtech
Verizon To Preload Mobile Banking App