Nokia to pilot wallet application and WIM technology with IBM, Luottokunta and Radiolinja

Nokia today announced its collaboration with IBM, Luottokunta and Radiolinja to jointly pilot convenient, easy-to-use and secure credit card payments by using a mobile phone wallet application. With this pilot, the parties want to demonstrate their commitment to the mobile wallet concept and WIM (Wireless Identity Module) technology.

The objective of this collaboration with IBM, Luottokunta and Radiolinja is to demonstrate how consumers are able to make convenient and secure mobile transactions by using the wallet for transferring payments and loyalty program information, and WIM for making non-repudiated transactions. Nokia will provide the pilot phones with the wallet application and WIM functionality support including a GSM SIM/WIM card issued by Radiolinja. The chip card will adhere to the WAP Forum WIM specifications and support standardized mobile public key functionality offering digital signature capability.

Luottokunta will provide Digital POS (point of sale) service for merchants. In the pilot service implementation, Luottokunta's Digital POS will be able to validate Radiolinja's WPKI (Wireless Public Key Infrastructure) signatures and certificates simultaneously with credit card payment authorizations that are received from the WAP stores via Internet. Luottokunta's Digital POS was developed together with IBM Finland. IBM, having a 30% market share of the Internet market places, will provide the payment infrastructure consisting of WebSphere Commerce Suite and WebSphere Payment Manager. IBM will also act as the systems integrator in the pilot. Radiolinja, as a network operator and trusted 3rd party, will provide the GSM SIM/WIM chip cards and the certificate database.

The parties are in the process of choosing suitable merchants for the pilot, which will start in the fourth quarter of 2001 in Finland. The pilot is an example of the tendency towards development of end-to-end solutions done in collaboration with various parties, such as operators, banks, infrastructure vendors and handset manufactures that support the same technologies to build serviceable mobile market places.

Nokia has today launched the wallet application with the Nokia 6310 in conjuction with the Mobile Commerce World Europe 2001 Conference in London. The wallet application is being demonstrated in London Arena at booth D12 from September 25-27, 2001.

About IBM
IBM is the world's largest information technology company, with 80 years of leadership in helping businesses innovate. Drawing on resources from across IBM and key Business Partners, IBM offers a wide range of services, solutions and technologies that enable customers, large and small, to take full advantage of the new era of e-business. The fastest way to get more information about IBM is through the IBM home page at www.ibm.com.

About Luottokunta
Luottokunta is a Finnish credit institution that issues and acquires Visa and Eurocard/MasterCard cards. Luottokunta is jointly owned by Finnish banks and merchants, offering its customers purchasing power regardless of time, place and device. Cornerstones of operations are cost-effectiveness, risk management, reliability of the service and high technical know-how.

About Radiolinja
Founded in 1988, Oy Radiolinja Ab was the first company in the world to open a GSM network, in 1991. Radiolinja is an operator focusing on wireless mobile telecommunications, which offers digital mobile telecommunications services to private and corporate customers. Radiolinja produces and actively develops various mobile services to enable Finns to communicate independently of time and location. The Radiolinja Group includes Oy Radiolinja Ab, and the subsidiaries Radiolinja Eesti AS, UAB Radiolinja, SIA Radiolinja Latvija and Ecosite Oy. The Group's net sales in 2000 totalled EUR 614 million and it had more the 1,000 employees. Radiolinja forms part of the Elisa Group.

About Nokia
Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges.


Further information:
Nokia Mobile Phones
Communications
Tel. +358 7180 08000

www.nokia.com