Nokia announces m-commerce plans

HELSINKI, Finland—Nokia announced plans for a wide-ranging test of mobile commerce products and services, moves that include making secure credit card payments using a mobile phone wallet application.

Nokia is teaming with IBM, Visa International, local banking and technology companies and Finnish mobile operator Radiolinja to conduct the tests. Customers will be able to make purchases using a bank-issued chip card that resides on a chip card reader inside the phone. Finnish grocer Ruoka.net and movie theatre Kinopalatsi will also participate.