Nokia 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 conjunction 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.
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.
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.
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.
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