NTT DoCoMo and MasterCard to offer NFC payments in 41 countries

NTT DoCoMo and MasterCard Worldwide today announced a global business alliance for contactless payments via compatible DoCoMo smartphones. Aiming at a launch in the first half of the fiscal year ending in March 2014, the companies will expand DoCoMo’s iD mobile credit payment system for acceptance at MasterCard PayPass merchant locations around the world. MasterCard’s innovative payment system, MasterCard PayPass, will be available to DOCOMO customers using smartphones equipped with a contactless chip for Osaifu Keitai (mobile phones with wallet functions) services via near field communication (NFC).

Through joint collaboration between DoCoMo and MasterCard, DoCoMo customers will be able to make iD-brand payments at nearly 500,000 MasterCard PayPass merchant locations in 41 countries (as of June 2012), in addition to over 560,000 iD terminals in Japan (as of August 2012).

READ  Samsung Announces Galaxy A6 and A6+ Featuring an Advanced Camera Full of Character and Adjustable LED Flash