Malaysians to try Visa contactless payments on their Nokia devices

Visa Inc. partnered with Malaysian largest wireless carrier Maxis, Nokia and Maybank, a leading financial institution in Malaysia, to launch the first initiative that will allow consumers to purchase an NFC-enabled mobile device off the shelf and use that device to make Visa payWave-enabled transactions at the point-of-sale instead of using their payment card.

The service that was launched this week on Thursday enables Maybank Visa account holders to simply wave their NFC-enabled Nokia 6212 classic handset in front of a contactless reader to complete a secure Visa transaction in a matter of seconds. Account holders can download their Visa payWave credit account details directly to their Nokia 6212 classic handset over the Maxis wireless network. After the account was personalized on their phones customers can make purchases at any of 1,800 merchant outlets currently accepting Visa payWave in Malaysia.

Besides, as reported in the official statement the contactless chip integrated into the mobile device have a number of additional features including a contactless transit application which allows Malaysian commuters to pay for charges while using metropolitan transit systems, bus terminals, highway toll gates and car park facilities at more than 3,000 contactless payment touch points throughout Malaysia.