NTT DoCoMo and KT Team Up for Cross-border NFC Services
Mobile operator NTT DoCoMo and telecom operator, KT Corporation, have partnered on using near field communication (NFC) technologies to develop cross-border services for mobile payments, mass-transit ticketing, promotional coupons, etc, which they will launch in their respective markets of Japan and South Korea from around the end of 2012.
Through their joint business and technology co-operation committee, the two companies are developing NFC common specifications that will be incorporated in devices, networks and billing platforms for seamlessly connected mobile NFC services. Customers travelling between South Korea and Japan will access the services using compatible Android handsets embedded with contactless IC chips.
DoCoMo also plans to submit an outline of the common specifications to global industry associations and standardisation bodies, such as the Groupe Speciale Mobile (GSM) Association.
Hyunmi Yang, executive vice president (EVP) of KT, said: “Based on our long commercial experience in various financial-convergence services, the NFC collaboration between KT and DoCoMo will contribute to building a sustainable global ecosystem.”
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