Dubai with Contactless...Don't Buy with Confidence

Is this not one of the coolest buildings in the world?  Here's a story from Finextra about Dubai's contactless mpay trial, which gave me an excuse to post this picture.  I will go inside that building one day!  I did an earlier post on Sheetz' NFC pilot earlier and this looks like kind of the same deal.  Wave your phone and NFC will take care of the rest.  Could have sworn I've read several articles on the insecurity of NFC.  Maybe this is NFC 2.0 or something. 

Finextra: Dubai set for contactless m-payments trial

Middle Eastern consumer finance outfit Dubai First and local telco du are teaming to launch the UAE's first contactless mobile payments pilot ahead of a commercial roll out later in the year.

The six month trial will involve around 250 Dubai First Platinum MasterCard customers in the Jumeirah Beach Residence area.

Trial participants will be able to download their credit card functionality to specially equipped mobile phones over du's network before using the handsets to make contactless purchases at retailers with MasterCard PayPass enabled terminals.

Ibrahim Al Ansari, CEO, Dubai First, says: "The launch of the NFC payment programme is a landmark in our efforts to bring innovation to credit card customers in the UAE. The programme will help us evaluate how customers use this new technology. We believe that mobile payments will play a major role in the future of credit cards."

Dubai, mPayment, Contactless,

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