Kyocera Wireless Developing NFC Enabled Mobile Phone

Kyocera Wireless and Visa International are demonstrating mobile payments utilizing NFC technology, essentially turning a mobile phone into a Visa payment solution using the Visa mobile platform. Designed to foster collaboration between the financial services and mobile telecommunications sectors for the delivery of mobile payment applications and payment-related services, the Visa mobile platform is a set of mobile services and enabling technologies that can allow banks and mobile operators to develop new mobile payment services for individual markets.