Sunday, February 13, 2011

NFC-based Cross-border Mobile Financial service

As early as end of this year, Korean and Japanese users will be able to experience seamless and convenient mobile payment in Korea and Japan with the introduction of Near Field Communication (NFC) based mobile financial services.

For the cross-border mobile payment service, KT, the second-largest mobile carrier, has joined with NTT DoCoMo, the leading mobile carrier in Japan. Meanwhile SK Telecom, the No. 1 mobile carrier in the local market, has joined forces with KDDI and Softbank Mobile. 


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