VeriFone powers Garanti Bank’s mobile payment services
By Michael Tsiagbe
14 February 2011
Turkey's Garanti Bank has selected e-payments
solutions provider VeriFone's acceptance systems to aid the
nationwide roll-out of its integrated near-field communication
(NFC) SIM m-payments programme.
This deal comes as Garanti and Turkish mobile
network operator Avea look to make their mobile payment programme
commercially available after completing its pilot phase.
Consumers can now purchase and install NFC
capable SIM cards allowing them to transact using their mobile
phones
“Garanti demonstrated that NFC is now
commercially viable,” said Soner Casur, vice president and general
manager of VeriFone South East Europe.
“The merchant/consumer interface is crucial to
success of NFC mobile payment adoption and VeriFone is thrilled to
provide key payment acceptance solutions that make it easy to
transition to this new era of mobile payments.”
VeriFone has supplied 10,000 NFC-capable
devices to Garanti for merchant use.