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NTT DoCoMo, Mizuho Tie Up For Phone Credit Card

Tags » Card Issuers, Mobile Payments, NTT DoCoMo

Reuters is reporting from Japan that "NTT DoCoMo, Japan's largest mobile phone operator, will tie up with Mizuho Bank and Credit Saison to start a service allowing mobile phones to be used as credit cards," according to a story in the Nihon Keizai Shimbun on Saturday. The deal, which could be announced as early as next week, would involve DoCoMo investing to acquire an 18 percent stake in UC Card Co, a Mizuho affiliate.


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