Norwegian Telco and Bank Latest to Announce Plans to Try NFC Payment

Norway’s largest telco, Telenor, and its biggest bank, DNB, plan to launch their planned NFC-enabled wallet commercially before the end of the year, the telco told NFC Times.

DNB will issue a Visa payWave debit application that will run on Telenor’s NFC SIMs. The Visa application will be the first to launch in the wallet, called Valyou, which is scheduled for a soft launch this summer. Other applications would follow, said Telenor, though it did not release specific plans for launch of the additional services.

As expected, Telenor and DNB announced their NFC payment plans last week at the Mobile World Congress in Barcelona. NFC Times reported on the plans Feb. 21.

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