NTT DoCoMo Launches Mobile Wallet Service
June 17, 2004 | Levent OZLER
DoCoMo is launching a new i-mode service in Japan for mobile-wallet applications. They are designed for use with the company's new handsets, which embed Sony FeliCa smartcards that allow users to manage multiple transactions -- train pass, debit card, credit card, ID -- with one device.
DoCoMo's revolutionary new service and smart-card handsets can be used for a variety of unprecedented functions, including train pass, debit card (electronic money), credit card and personal identification card, applications previously possible only with IC-equipped cards.
The handsets are equipped to use Sony's Edy e-money system for purchases at 9,000 participating shops in Japan. Current balances and payment records can be viewed using the handsets.
Initially, 39 mobile service providers will offer m-wallet functions via the i-mode FeliCa Service. Customers will go to the providers' Web sites and download i-appli applications to use these functions with their DoCoMo i-mode smart-card handsets.
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