One million MTN Rwanda customers to get NFC mobile payments service

One million subscribers of mobile network operator MTN Rwanda’s MTN Mobile Money service will be able to make in-store payments at thousands of retail outlets within six months using their NFC mobile phones through MTN Tap&Pay, unveiled in collaboration with Verifone Mobile Money and NFC technology provider Youtap. The first NFC mobile money payment solution implemented in the East African country is being piloted with African retailer Nakumatt and is expected to be rolled out to 100 merchants in its first deployment phase.