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

Mar 07, 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: Uber caps surge pricing during winter storm

add to favorites email to friend print save as pdf

Related Stories

Apple a decade behind Japan mobile payment curve

Sep 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

Jun 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 ...

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'

Mar 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

Microsoft profit dips as revenue rises

6 hours ago

Microsoft on Monday reported that its quarterly profit dipped as revenue increased with help from sales of Surface tablets, Xbox One consoles and cloud services.

IBM "flatly denies" report of mass layoffs

12 hours ago

Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

WikiLeaks accuses Google of handing over emails to US

12 hours ago

Whistleblowing site WikiLeaks on Monday accused Google of handing over the emails and electronic data of its senior staff to the US authorities without providing notification until almost three years later.

User comments : 0

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.