Pay As You Go Cards
O2 in the United Kingdom is considered to be one of the leading service provider of telecommunications and broadband in the state. This was previously known as BT Cell net and in the year 2006 it was acquired by Telefonica and Telefónica Europe, its subsidiary.
It was in the year 2009 on 15 th July that O2 entered the field of financial industries with the commencement of O2 pay as you go prepaid card. This was the first step towards implementation of financial services in the mobile phone. Some of the future plans include developing NFC or Near Field Communication technology in the cell phones in UK . The NFC technology was ready and it was waiting for support from handset manufacturers and the large retailers before emerging in the market.
In the trail period of NFC technology, about 500 individuals joined in the year 2007. The individuals were given to choose from Nokia sets for making payments at the selected retailers as well as tour the London Underground along with the transactions made through Barclays. The giant retailers today discuss about deployment of the requisite electronic spot of sale units. This primarily aims at enabling NFC technology in the future.
With the o2 pay as you go prepaid card you are not far away from your money. Once you have loaded your pay as you go prepaid card with money, you will receive alerts stating the total money you have in the card. The cash manager of O2 ensures that you are not indulging in overspending on unnecessary stuffs. The pay as you go prepaid card is extremely useful when it comes to shopping for daily household services and goods. As you can keep a track on the money you have, you definitely can improve your financial status better. The budgeting calculator offered, helps you to know the amount that you can afford to spend at present. The card details can be managed easily with online facilities.
The mobile network of O2 covers about 99% of UK . The 3G networking services offer 3.6 Mbps speed for the HSDPA-enabled devices. In the year 2009, it announced that it has plans of erecting more than 1,500 new cell sites all over the state by the year 2010. The entire up gradation plan was estimated to cost around £500 million. In the year 2010, O2 brought into the market a free application which was known as Fast Connect. It could be accessed from more than 22000 Wi-Fi hotspots all over the state. This was particularly because of increase in the use of all-inclusive data tariffs and jamming of 3G networks.