Europe visa on a large scale announces the first pilot program for payments by means of movable telephone in the United Kingdom

12 of December of 2007 London

Europe visa has announced today its participation in the call proves “Monedero O2�?, the first pilot program on a large scale of NFC (Near Field Communications, system that allows through a microchip incorporated in a card, to issue and to capture information with near receivers) that it takes place in the United Kingdom with the purpose of to investigate the use of the movable telephones in the payment of purchases, entrances for events or even as a Oyster cards for the payment of the public transport in London.

During the six months that the test will last - of the 28 of November of 2007 until the end of May of 2008 - they will participate more than 500 people, who have been chosen between all the clients of O2, and she will be developed in diverse places of the English capital. The pilot has been designed to settle down what type of services and functionalities must have telephone NFC according to the consumers.

Sandra Alzetta, Director of Innovation and Acceptance Europe Visa comment: “Participation Europe the Visa in this pilot of O2 endorses our commitment of development and commercialization of the system of payment by means of movable telephones. It is a logical step, continuing with the recent introduction in London of the technology without contact Visa payWave. The pilot will allow to apply the experiences acquired in other investigations with movable telephones around the world. We are enchanted of being able to work with O2 and the rest of collaborator of the investigation to develop the technology of this revolutionary project that will make more accessible, flexible and comfortable to use the electronic payments.�?

The participants in the pilot will have a Nokia 9131 - NFC, that it will have installed diverse applications NFC including the Oyster card, and will be used of different way to prove the different services that are offered in London. In order to obtain that at the most possible exhaustive the pilot program, O2 has reunited to an extensive group of collaborator, including Europe Visa, the System of Transports of London, TranSys, Barclaycard, Nokia and AEG.

During first stage of the pilot (of November to February), pre-payment Barclaycard Visa will be given to a card loaded on its movable telephones to 225 volunteers, who will be able to realize payments by a smaller amount of 10 pounds in the commerce of London which at the moment they accept transactions Visa payWave. During the second phase, (of February to May of 2008), some advances will be able to take place as use of PIN, purchases by a value superior to 10 pounds and the possibility of recharging the card.

All the participants in the pilot will be interviewed to be able to catalog their experience with the service, in particular on their utility and ease of use, as well as the degree of satisfaction and security when using them.

Sandra Alzetta concludes: “The power of Near Field Communications is that it allows to the consumers the access to an extensive supply of services without contact including payments, transport or acquisition of tickets by means of an apparatus that know and use every day - its movable telephones -. We know that the concept is attractive for the consumer and this study will say to us what aspects find interesting still more.�?

The project comprises of the global activity of the Platform of Movable Visa Telephones and its solution of payments fulfills the specifications of world-wide the pilot Visa program that to day of today this beginning itself to try in different parts from the world.

On Visa

In Europe there are almost 321 million cards Visa of credit, debit and of companies. In the 12 months until September end of 2006 those cards they were used to realize distant purchases and of cash by a total volume of more than 1.2 trillions of Euros. One of each nine Euros that are spent at the moment in Europe, is pleased with a card Visa. Visa is an association formed by members, an organization directed by its 4,500 European financial organizations member, that became a separate company in 2004. In October of 2007, Europe Visa decides not to integrate itself in the new Inc. Visa and to operate in Europe with an exclusive, irrevocable license and to perpetuity.

In his quality of system of European payment it has the capacity to respond quickly to the specific needs of the European financial organizations and their clients (titular of cards and commerce), besides fulfilling with the aim of the European Commission to create a true inner market of payments.

Visa counts anywhere in the world on a level of matchless acceptance. In addition Visa/Extra is one of the majors world-wide networks of automatic tellers, who in cash offer access to money in the local currency in more than 170 countries.

For more information it visits www.visaeurope.com/es