Sony and NXP Jump on the Virtual Wallet Bandwagon

Filed in archive Mobile Services , New Products/Services , News , Sony Ericsson , Wireless Living by Rico Mossesgeld on November 15, 2007

Well, Sony (one of the partners behind Sony Ericsson) and NXP haven't exactly been inactive in the virtual wallet industry, but with all the news on mobile payment schemes going around it's no surprise that they've hardly made an impression on the general public.

In any case, the two companies (NXP was a former semiconductor subsidiary of Philips) have created Moversa, a joint venture that will come up with a chip that integrates Sony's and NXP's virtual wallet technologies. The primary goal of Moversa will be to develop and promote mobile payment schemes based on smartphones and PDAs, something that's quite ubiquitous in Japan. Moversa will be based in Vienna, Austria, which implies a focus on European markets.

(source, image source)

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Permalink: Sony and NXP Jump on the Virtual Wallet Bandwagon

Tags: Sony+NXP+Collaboration Sony+NXP+Joint+Venture Moversa mobile 2007 virtual+wallet jump+virtual wallet

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Response from: Tech|noob

Sony has a huge Open House going on in Las Vegas, and they have scads of new products on display. One

Response from: Tech|noob

Gadget blogs everywhere are buzzing about how Sony has created the world's smallest handycam with

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