The FINANCIAL -- The prospect of using your mobile phone to make purchases or pay for travel took a step forward today with the results from Europe's largest trial of Near Field Communications (NFC) technology on a mobile phone revealing clear consumer demand for such services.
Nine out of ten trialists were happy using NFC technology on a mobile phone and 78% said they would be interested in using contactless services if available. Convenience, ease-of-use and the status of having such an innovative device were seen as the main benefits.
Interest in having Oyster on their mobile phones was particularly strong with 89% of trialists saying they were interested in taking this up. Over two-thirds of trialists also said that they would be interested in having the Barclaycard Visa payWave feature on their mobile in the future.
The O2 Wallet trial took place over six months between November 2007 and May 2008 and involved 500 trialists. It tested consumer demand for having cards you would normally carry in a wallet, such as Oyster and credit cards, available on a Nokia 6131 NFC mobile phone. To travel on London's transport system or make purchases in retail stores, the user simply touched the phone against a reader. The trial involved a range of industry leaders including O2, Transport for London, Barclaycard, Visa Europe, TranSys, Nokia and AEG.
"Imagine going out for the night and only taking your mobile phone with you" said Claire Maslen, Head of NFC. "This trial takes us one step forward to achieving this by demonstrating that people want the convenience and practical benefits offered by services like the O2 Wallet."
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