The University of Denver’s hotel, restaurant and tourism school is launching NFC mobile payment at the campus’ student run coffee shop, according to americanbanker.com.
Students and faculty will be able to use their mobile phones to make point-of-sale purchases, as well as add money to their accounts and check balances and transaction histories.
Mocapay is providing its mobile software-as-a-service technology for the project, which will also involve distributing mobile marketing campaigns to students via mass text messaging.
According to American Banker, the school is running the pilot to give hotel, restaurant and tourism students firsthand experience with NFC technology, which the school expects will become an essential part of the hospitality business in the future.
Students and faculty will be able to conduct mobile transactions at the point of sale, access account balances and transaction histories, and reload their account from their mobile phone. Customers will also be able to conduct gifting by transferring funds directly to another mobile phone.
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