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Wireless

Telenor, DnB expect mobile payments to be ready by year-end

Friday 24 January 2014 | 13:13 CET | News
Telenor Norway CEO Jon Fredrik Baksaas and Den norske Bank (DnB) head Rune Bjerke say their mobile payment system will be up and running before the year is out, Norwegian newspaper VG said on its website. Speaking at the Davos World Economic Forum, Bjerke said customers will simply need to place their handset on a payment terminal in order to purchase goods, with no PIN required. The iPhone will require a special holster to use the system. The payment services will require a change of SIM.

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Categories: Mobile & Wireless
Companies: Telenor Norway
Countries: Norway
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