Brazilian online payments company PagSeguro along with Nokia has launched an NFC peer-to-peer payment service enabling users to pay small merchants and transfer money to friends using Nokia smartphones.
With the service, which reportedly began last week, buyers and sellers or two friends can tap their phones together to initiate the payment, which is carried out over the network.
Users need an app to use the service, which, according to the Nokia Conversations blog, is available for people with Nokia NFC-enabled Symbian phones, C7 and 701 and Nokia’s MeeGo-based N9–though other NFC-enabled Symbian phones in Nokia's fading Symbian business likely would be able to use the service. It's unclear whether the service remains in the trial phase.