Today is a big day for Romanian,because it’s the official date of their first NFC pilot in Romania , and it’s also a big day for TORO, because TORO is playing an important part in this pilot, along with ING, MasterCard, Collis and Venyon. This is definitely a milestone for TORO.
And here are two photos from the press conference, you can see Akami’s interface and Toro’s Logo in the photos!!!
Here is the press release from ING and MasterCard.
ING and MasterCard introduce Mobile Maestro PayPass in Romania
ING and MasterCard® Worldwide today announce the first program to offer ING Romanian clients a complete mobile payment package - the ability to set up payment capability, make transactions and feed their accounts - all using their mobile phone. The product is based on Maestro® PayPass™, a MasterCard contactless payment product designed for small purchases. The pilot contributes to the ING goal of making financial services easier for its customers. ING entered the Romanian retail banking market in 2004. Due to the success of the Self’Bank concept, ING Retail Romania today has captured significant market share.
ING is the first bank in the world to offer its clients Maestro PayPass on a mobile phone with over-the air download of account information and over-the-air top-up of the Maestro PayPass balance. Clients may use a special code to top up the balance of the Maestro PayPass on the phone. A client simply taps the phone on specially-equipped terminals at the point of sale for a quick, safe payment without signatures or receipts. The mobile phone acts like a prepaid card, and is ideal for small purchases such as a coffee, a movie ticket or a newspaper.
ING will select approximately 500 Romanian clients for the first stage of the pilot program. Participants will receive a new Nokia 6212 that incorporates Near Field Communication (NFC) technology. NFC technology provides the wireless communication between the phone and the retailers’ terminals. ING and MasterCard Worldwide developed the product in partnership with Collis, Toro and Venyon. The product will initially be used at approximately 30 participating merchant locations in Bucharest and will last six months.