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Beep, beep: hot on Google's heels Softbank announces m-payment trial

Posted By TelecomTV One , 10 December 2010 | 2 Comments | (0)
Tags: mobile payment

Interest really does seem to be picking up on NFC and the opportunities out there for electronic payment. Now Japan's most innovative operator is having a dabble with Android. By Ian Scales.

The NFC for electronic payment wave seems to be picking up momentum.

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In the past, 'initiatives' in the electronic payment field have tended to start with a splash and end with a slight ripple, mostly because it's hard to mobilise all the stake-holders to agree on standards and business models (please complete out our mobile payments survey and enter a draw to win an iPad).


But following the recent announcement of Google support for NFC on mobile phones (via its Android operating system) innovative Japanese operator, SoftBank Mobile, says it will trial NFC m-payment services from the beginning of next year.

It's reported as saying that this should “pave the way for increasingly convenient and satisfactory global-standard NFC services and solutions in Japan.”

Softbank has got together with Mastercard (the system will use its  PayPass contactless payment system) and will involve credit card issuers Credit Saison and Orient Corporation.  The initial  trial is just a taster though  involving employees at the companies involved.

There's been some distinct rustling in the mobile payments undergrowth in the last couple of weeks. Google itself is behind the launch of the Nexus S (actually manufactured by Samsung) which supports NFC (see  this week's Europe Report )  . Nokia is also reported to be shipping the C7 smartphone with NFC inside and ready to be hooked by applications. And the rumour mill reports that the likes of Apple and RIM (Blackberry) are also jumping on the bandwagon.

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2 comments (Add Yours) - click here to sign in

(1) 15 December 2010 06:58:09 by Mark Callow

The only thing that seems new here is the involvement of credit card issuers. Hardly newsworthy.

I have had a SoftBank "osaifu keitai" (mobile phone with NFC electronic wallet functionality) for several years now. It can be used for payments at a wide variety of retailers around Japan, as well as to pay for most train services.

The good thing about the current system is that it can be used completely anonymously just like cash. There need be no links to your bank or credit card accounts.


(2) 15 December 2010 07:11:13 by Mark Callow

Oh! And the suggestion of your headline that SoftBank is somehow following Google is ludicrous. Google is years behind Japan when it comes to NFC for payments.