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November 25, 2013

Vodafone Launches Mobile Wallet Service In Europe

Vodafone_WalletVodafone announced today the launch of its mobile wallet service that will enable customers to make a wide range of everyday transactions with a simple wave or touch of their smartphone.  Vodafone’s mobile wallet is the first European mobile payment service built on the GlobalPlatform1 open standard, which makes it easy for organisations, including banks, retailers and transport companies, to host services in the wallet.

 The Vodafone Wallet allows customers to leave their cards and coins at home and manage their daily transactions efficiently and securely using their smartphone. In addition to enabling customers to pay for everyday goods, the Vodafone Wallet will also be able to hold travel cards, loyalty cards, gift cards and vouchers, complementing and over time replacing the plastic cards in a customer’s wallet or purse.

 Vodafone SmartPass, a service developed in partnership with Visa, is the first mobile payment app available for the wallet. Vodafone SmartPass can be funded when needed and enables customers to pay for goods with their smartphone at any Visa contactless payment terminal in retailers around the world, including more than 1.2 million in Europe.

 The Vodafone Wallet uses Near Field Communications (NFC) technology and equivalent EMV-compliant2 payment technologies to send encrypted data over short distances, allowing it to support secure transactions in both payment and non-payment environments. If a customer’s mobile phone is lost or stolen they can contact the Vodafone customer care team to have their phone and mobile wallet blocked.

Over the coming months, the giant network will provide smartphone-based wallet services in Spain – which goes live this week – followed by Germany in mid-December and the Netherlands, the UK and Italy in the spring. Other markets should follow later.

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Dave Thornton

Senior Editor

Senior Editor
Been involved in technology for many years, more than I care to remember. Live in Dundee, Scotland. I like Android, Windows Phone OS, BlackBerry OS and iOS, and love writing about all things techie. Currently have a Honor 6+, Elephone P6000, Nexus 5, Chrombook C720, HTC One M7, Nokia Lumina 625, Microsoft Lumia 435, Blackberry Q10, HTC Hero and iPad mini