Nokia launches phone with electronic wallet

Nokia the world's top cellphone maker, said on Tuesday it would start selling a new handset, the 6212 Classic, with integrated Near Field Communication.

NFC allows users to share content by connecting two phones which can receive audio files and other downloads from service providers simultaneously. The phone can also be used for payments.

The 6212 Classic, which includes a camera and a music player, is expected to launch in the third quarter for about $316 before subsidies and taxes, Nokia said.