TITLE

Japanese, South Korean Mobile Operators Developing Cross-Border NFC-Payment

AUTHOR(S)
Fangqing, Wang
PUB. DATE
February 2011
SOURCE
CardLine;2/18/2011, Vol. 11 Issue 7, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the deal signed by KT Corp. of South Korea and Mobile-network operators NTT Docomo Inc. of Japan to support Near Field Communication (NFC) payments for smartphones. It informs that the companies are developing common specifications for NFC chip-embedded Android phones and states that the specifications will enable development of seamlessly connected NFC services. The new service will enable the use of same device for those traveling between Japan and South Korea.
ACCESSION #
58513865

 

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