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Telefónica, Visa Team Up For NFC Payments

Telefónica has announced its alliance with Visa through a bid to promote NFC payments across Europe. Famously known as O2 by Brits, the mobile network operator reported that the partnership will conveniently allow customers to pay purchases through their O2 smartphone at Visa payWave stations in stores with the support of an NFC SIM card, thanks to the two parties’ agreement in developing mobile wallet services, NFC payments and merchant offers.

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