
Transactions on the device opens up an opportunity to empower people with access to secure financial service for the first time. With our high market share and reach Nokia is well positioned, especially in emerging markets, to bring electronic means of payment to hundreds of millions of individuals for the first time. Now we can make payments time and location independent, while also providing better financial control, especially for those people who have never had a bank account before.
Benefits:
- Convenient: No need to go to physical locations for sending money or paying for bills. Saves time.
- Money management: Keeps track of balance, expenses and payments. Knowing instantly what is your balance and what have you paid for and to whom
- Immediate: Allows instant money transfer in time-critical situations.
- Secure: Secure state of the art technology means no need to store nor carry cash, reducing the risk of theft/loss
- Simple/intuitive: No hassle with change, nor with obtaining cash from bank or ATM
Source: Nokia.com
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