Belgacom and BNP Paribas Fortis to launch mobile wallet

BNP Paribas Fortis and telecom operator Belgacom are set to jointly launch a mobile wallet in Belgium, reports The Paypers. The mobile wallet will integrate mobile payments, virtual ticketing, e-couponing and loyalty programmes. The pilot is planned for the end of the year with full rollout from spring 2014. Consumers can use their public transport provider’s app to check timetables and buy tickets, with payment and storage of the ticket handled ‘in-app’. People can also launch a cinema app, select the film they want to see and buy the ticket, or avoid queuing by ordering while walking to a fast food restaurant. Special offers can be stored in the app and the coupon is automatically applied when payment is made. In the process, membership rewards are directly credited to a loyalty account.