Another Look At DoCoMo's Mobile Payments Service
Martyn Williams writes for Digital World Tokyo about yesterday's announcement by NTT DoCoMo of its new DCMX mobile credit card / mobile payments service.
The iD system is to be for touch-and-go payments what Visa and MasterCard are for plastic cards. Some Japanese credit card companies have already started offering iD-compatible cards to customers. Several major retailers including some of Japan's largest convenience store chains and general retailer Aeon have also announced support for the system. DoCoMo expects around 150,000 terminals to be installed in retail outlets across Japan by this time next year.
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