New method NFC introduced to pay via mobile phones

New method NFC introduced to pay via mobile phones
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ISLAMABAD: (APP) An innovative mechanism - Near Field Communication (NFC) has been introduced in twin cities of Islamabad and Rawalpindi which enable users to pay for their purchases via their mobile phones .

Adding more variety to the digital payment eco-system, NFC payments enable users to pay through mobile phone and all one requires is a mobile account linked to the NFC sticker, which can be pasted on phone, wallet or a keychain.

JazzCash has announced the launch of Near Field Communication (NFC) payments for its mobile account users.

As per details here Wednesday, NFC is the most advanced and swift payment method adapted at large in developed and emerging markets and the company believes it is time for the users to benefit from the service which offers absolute convenience and security," Vice President Digital & Mobile Financial Services, Mobilink, Aniqa Afzal Sandhu.

She said NFC stickers ensure that JazzCash users not owning NFC capable phones will also be able to enjoy benefits this service has to offer.

And apart from increasing on current payment options available to consumers, NFC payments will also assist merchants in experiencing a new financial instrument, which shall assist in cutting down on payment processing time and fraud, she added.

The users can get their NFC stickers from designated Customer Experience Centers and Franchises in Islamabad, where the sticker will be instantly linked to users' mobile accounts.

In near future same will be done by Jazz Customer Experience Centers, Franchises and Retailers nationwide.

The Mobile Financial Services provider has also made this facility available to other mobile network users through its mobile account app available on Google Play Store.

Android users can download the app and link their NFC stickers instantly to their JazzCash account by visiting designated Jazz Customer Experience Center or Franchise.

After successful linking of JazzCash NFC sticker with mobile account, users can shop from any retailer that has NFC payments facility by tapping the NFC sticker to retailer's device and entering the MPIN code to the USSD confirmation pop-up to confirm the payment.

For now, the service is available in Islamabad and Rawalpindi in partnership with more than 50 merchants. The MFS provider is pursuing partnerships with more merchants nationwide.

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