Briefs: Japan's NTT advances 'wallet' phone plan

March 7, 2006

Japan's NTT DoCoMo is forging ahead with the development of "wallet phones" that are capable of acting like a credit card for retail transactions.

The wireless phone operator Monday confirmed it was acquiring an 18-percent stake in Mizhou Bank's credit-card branch, UC Card Co., and has plans to expand the roles wallet phones can play for consumers.

NTT sees the phones and its iD network as working on Mizhou ATMs and handling banking services for high-end customers.

"UC Card will work to expand acceptance of the iD brand at its network of participating stores nationwide," NTT said in a news release.

Copyright 2006 by United Press International

Explore further: Apple a decade behind Japan mobile payment curve

Related Stories

Apple a decade behind Japan mobile payment curve

September 14, 2014

Apple's proud announcement that its new iPhone could be used to buy goods in a single swipe left customers non-plussed in Japan, where mobile contactless payments have been normal fare for a decade.

Cheap translations, but not replacement for humans

June 12, 2013

An Israeli startup says it has come up with a way to overcome language barriers when conducting international business: an automated service that provides quick translations between English and seven other languages with ...

Japan may wait before saying 'iDo' to iPad

May 26, 2010

Many thought the iPhone would underwhelm Japan, where for years people have used ultra-advanced handsets to send emails, watch live television, feed pets and run talking bathtubs at the touch of a button.

Japan considers end to cellphone 'SIM lock'

March 29, 2010

Japan is moving towards ending restrictions on mobile telephone users switching operators or using an overseas network by changing the SIM memory card, a government official said Monday.

Recommended for you

New Horizons team selects potential Kuiper Belt flyby target

August 29, 2015

NASA has selected the potential next destination for the New Horizons mission to visit after its historic July 14 flyby of the Pluto system. The destination is a small Kuiper Belt object (KBO) known as 2014 MU69 that orbits ...

Seeing quantum motion

August 28, 2015

Consider the pendulum of a grandfather clock. If you forget to wind it, you will eventually find the pendulum at rest, unmoving. However, this simple observation is only valid at the level of classical physics—the laws ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.