Motorola enables MasterCard PayPass on handsets

Motorola announced that it will conduct a field trial of mobile phones

enabled with MasterCard PayPass, a new 'contactless' payment option and Near

Field Communications (NFC) technology. Consumers will enjoy the benefits of

simpler and faster transactions conducted with their mobile phones.

"Motorola is excited to be working with MasterCard to create a phone

that has the potential to be lifestyle changing, and offers a convenient, fast,

and secure method of payment. In essence your phone will become your wallet, key

chain and your ID," said Ron Hamma, VP and Director of Enterprise Business

Development, Motorola, Inc. "Fully integrating MasterCard PayPass

technology in our phones is a natural fit and major benefit to the

consumer."

The handsets will incorporate a number of security features to protect

financial data and to ensure consumers a secure financial transaction.

"Consumers continue to want more convenience in their everyday life,"

said Art Kranzley, Executive VP and Chief e-Business Officer, MasterCard

International. "Combining MasterCard PayPass payment functionality with

Motorola mobile phones offers consumers a unique way to pay using something they

carry wherever they go - their mobile phone."

"In fact, recent MasterCard consumer research showed that consumers who

found contactless payments to be extremely appealing, selected mobile phones,

based on convenience and uniqueness, as a form factor of choice to be enhanced

with PayPass," added Kranzley.

The Motorola phones will be equipped with NFC technology, which enables the

device to run multiple proximity applications as well as payment. In the future,

these may include applications such as contactless ticketing for mass transit or

events. In addition, the phone can function as a contactless reader, paving the

way for a variety of marketing and promotional applications. Applications can be

loaded into the secure area of the phone ´over the air,´ offering potential

operational savings to card issuing financial institutions, as well as revenue

opportunities to wireless network operators.

The Motorola phones enabled with MasterCard PayPass technology are expected

to be trialed by the end of this year in a variety of locations in the USA.

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