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Reliance Communications has made full repayment of two loans amounting to $1 billion (around Rs 6,000 crore), during the quarter ended June 30.The repayments have been from the company's rupee resources.

Sci - Tech
 

Orange to roll out 'contactless payment system' on Android phones

Friday - Apr 13, 2012, 12:20am (GMT+5.5)
[+] Text [-]

London - Mobile phone network Orange has announced that it will soon introduce a contactless payment system on Android phones and all UK credit and debit card accounts.

It has yet to be announced which Android handsets will be able to operate the 'Quick Tap' system.

'Quick tap' is a system that allows transactions of up to 15 pounds each to take place simply by waving a phone near a reader, which can also be used for contactless credit cards.

According to the Telegraph, with the help of a new part of Quick Tap called 'Open Load', credit or debit card holders from any bank will be able to use the service.

Jason Rees, Director of Mobile Payments and Ticketing for Orange UK, said bringing Quick Tap to Android would make it far more popular than it is today, when it is available only on the Samsung Tocco

and Samsung Wave 578 handsets.

"When combined with the ability to use it with credit or debit cards from all the major UK banks, then even more people will be able to experience the simplicity and convenience of shopping with their

phone," the paper quoted him, as saying.





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