|
|
NEWS
Nokia to pilot
wallet application and WIM technology with IBM, Luottokunta and Radiolinja
(September 24, 2001)
Nokia today announced its collaboration with IBM, Luottokunta and Radiolinja to
jointly pilot convenient, easy-to-use and secure credit card payments by using a
mobile phone wallet application. With this pilot, the parties want to
demonstrate their commitment to the mobile wallet concept and WIM (Wireless
Identity Module) technology.
The objective of this collaboration with IBM, Luottokunta and Radiolinja is to
demonstrate how consumers are able to make convenient and secure mobile
transactions by using the wallet for transferring payments and loyalty program
information, and WIM for making non-repudiated transactions. Nokia will provide
the pilot phones with the wallet application and WIM functionality support
including a GSM SIM/WIM card issued by Radiolinja. The chip card will adhere to
the WAP Forum WIM specifications and support standardized mobile public key
functionality offering digital signature capability.
Luottokunta will provide Digital POS (point of sale) service for merchants. In
the pilot service implementation, Luottokunta's Digital POS will be able to
validate Radiolinja's WPKI (Wireless Public Key Infrastructure) signatures and
certificates simultaneously with credit card payment authorizations that are
received from the WAP stores via Internet. Luottokunta's Digital POS was
developed together with IBM Finland. IBM, having a 30% market share of the
Internet market places, will provide the payment infrastructure consisting of
WebSphere Commerce Suite and WebSphere Payment Manager. IBM will also act as the
systems integrator in the pilot. Radiolinja, as a network operator and trusted
3rd party, will provide the GSM SIM/WIM chip cards and the certificate database.
The parties are in the process of choosing suitable merchants for the pilot,
which will start in the fourth quarter of 2001 in Finland. The pilot is an
example of the tendency towards development of end-to-end solutions done in
collaboration with various parties, such as operators, banks, infrastructure
vendors and handset manufactures that support the same technologies to build
serviceable mobile market places.
Nokia has today launched the wallet application with the Nokia 6310 in
conjuction with the Mobile Commerce World Europe 2001 Conference in London. The
wallet application is being demonstrated in London Arena at booth D12 from
September 25-27, 2001.
About IBM
IBM is the world's largest information technology company, with 80 years of
leadership in helping businesses innovate. Drawing on resources from across IBM
and key Business Partners, IBM offers a wide range of services, solutions and
technologies that enable customers, large and small, to take full advantage of
the new era of e-business. The fastest way to get more information about IBM is
through the IBM home page at www.ibm.com.
About Luottokunta
Luottokunta is a Finnish credit institution that issues and acquires Visa and
Eurocard/MasterCard cards. Luottokunta is jointly owned by Finnish banks and
merchants, offering its customers purchasing power regardless of time, place and
device. Cornerstones of operations are cost-effectiveness, risk management,
reliability of the service and high technical know-how.
About Radiolinja
Founded in 1988, Oy Radiolinja Ab was the first company in the world to open a
GSM network, in 1991. Radiolinja is an operator focusing on wireless mobile
telecommunications, which offers digital mobile telecommunications services to
private and corporate customers. Radiolinja produces and actively develops
various mobile services to enable Finns to communicate independently of time and
location. The Radiolinja Group includes Oy Radiolinja Ab, and the subsidiaries
Radiolinja Eesti AS, UAB Radiolinja, SIA Radiolinja Latvija and Ecosite Oy. The
Group's net sales in 2000 totalled EUR 614 million and it had more the 1,000
employees. Radiolinja forms part of the Elisa Group.
About Nokia
Nokia is the world leader in mobile communications. Backed by its experience,
innovation, user-friendliness and secure solutions, the company has become the
leading supplier of mobile phones and a leading supplier of mobile, fixed and IP
networks. By adding mobility to the Internet Nokia creates new opportunities for
companies and further enriches the daily lives of people. Nokia is a broadly
held company with listings on six major exchanges.