Vodafone and CorFire team up to launch mobile wallet service in 2013

When it comes to mobile wallets, some of the names floating about the internet include Google Wallet and Isis, but it looks like we can expect a new player from CorFire, but given that all the major carriers have either teamed up with Google or Isis respectively, who will be CorFire’s partner? Well it seems that it will be none other than the Vodafone Group, who operates the Vodafone carrier service in various countries around the world.

As expected, the initial target platform that CorFire will be rolling out with will be NFC-compatible Android phones, although it was not specified as to whether all NFC phones will be compatible, or just a few. The service is expected to roll out in 2013 and some of the features Vodafone subscribers can expect include:

• Supports all major payment brands, including closed-loop/open-loop gift cards, credit, debit, prepaid, and companion payment cards
• Easy integration with other service providers to expand mobile transaction offerings
• Ready-for market, out-of-the-box functionalities ready for quick implementation
• Skinnable for custom look and feel for client branding
• Location-based services
• Mobile Wallet Management (installation, upgrade, lock/unlock, removal, change-of-handset management)
• Supports various types of Secure Element (SE): personal account information will be encrypted and stored into the SE included in USIM, SD card, and embedded in device
• Strong security capabilities and functions
• Notifications functionality
• Business reporting capabilities
• Supports Android, iPhone, and Blackberry
• Seamless integration with Cor360 (CorFire mobile marketing services including gifting, offers, and loyalty) as add-on services to optimize mobile wallet capabilities and values
• Easy-to-use and intuitive consumer experience

Tyler Lee
Categories: Cellphones
Tags: NFC, vodafone