Better mobile commerce?
posted on 28. November 2003 at 01:47 PM
Sony Felica (that brings us the fabulous Hong Kong MTR Octopus Card as well as other payment services) and NTT DoCoMo (the mother of i-mode) have agreed to form a joint venture.
Through this platform, customers will be able to use their mobile phones to enjoy services previously only available with IC cards, such as transport system payments, electronic money and personal ID security. In addition, use of the telecom infrastructure for mobile phones will also enable new capabilities, such as the direct downloading of value (prepaid money) and additional content-based data. Potential applications of the technology could include electronic ticketing and online credit, which would provide convenience and added value for both providers and customers.
Looks like there is some true competition for the likes of Paybox and PayPal.



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