EE backs NFC m-payments with new Cash on Tap MasterCard partnership

摘要

EE has launched Cash on Tap, a new app-based service allowing subscribers to make contactless NFC mobile payments via their smartphones. In partnership with MasterCard, EE is seeking to broaden its reach by launching a host of new services, including the ability to use NFC-enabled handsets to tap and pay at contactless POS terminals in-store. Using an EE-branded app, subscribers can add cash from their preferred UK debit or credit card to the app and start making payments straightaway, but the catch is that you can only make payments up to €23 (£20). Cash on Tap works by storing the long card number securely into a special new SIM card in the handset.