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Venyon provides Trusted Service Manager services for Visa Europe and Luottokunta

22 October 2009 - Visa Europe together with Luottokunta has made contactless payment available in Finland by launching a mobile payment trial utilizing Near Field Communication (NFC). The trial includes forty pre-selected employees of Luottokunta, Venyon, Sodexo and Visa Europe. It allows participants to enjoy the fast and convenient method of contactless payment using their mobile phones at a number of contactless-enabled merchants around Helsinki, including Luottokunta’s office.

The handsets have been loaded with a Luottokunta Visa mobile payment application and can be used for both low-value (less than €20) or high value payments (above €20). Venyon’s role is a Trusted Service Manager (TSM) responsible for over the air service, which allows secure provisioning and life-cycle management of the Visa mobile payment application to mobile phones together with the cardholder information that is required to conduct secure transactions.

For more information about Visa Europe and Luottokunta please visit www.visaeurope.com and www.luottokunta.fi

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