17 December 2017
visit www.aciworldwide.com

NTT DoCoMo and McDonald's in m-payments joint venture

27 February 2007  |  7285 views  |  0 D600 mobile

Japanese telco NTT DoCoMo is teaming with McDonald's to enable payment for purchases via customer mobile phones.

NTT DoCoMo subscribers will be able to pay for purchases at McDonald's stores in Japan using the Osaifu Keitai mobile phone payment system on their hand sets.

Under the deal McDonald's and NTT DoCoMo will establish a joint venture company in July that will deliver e-marketing campaigns to DoCoMo customers.

McDonald's will provide 70% of the Y300 million required for the JV, with DoCoMo providing the remaining 30%.

In a statement the parties say the new company "will integrate the customer bases comprised of McDonald's 1.4 billion annual customers and DoCoMo's 52 million mobile phone subscribers".

The company will also oversee the roll out of DoCoMo's iD platform for mobile payments and the ToruCa information-capture service at McDonald's stores, which will begin in in October 2007.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

KDDI to add JCB e-payments system to mobile phones

KDDI to add JCB e-payments system to mobile phones

23 August 2006  |  5692 views  |  0 comments
NTT DoCoMo launches mobile credit payment service

NTT DoCoMo launches mobile credit payment service

04 April 2006  |  5501 views  |  0 comments
NTT DoCoMo buys into retailer Lawson to expand use of wallet phones

NTT DoCoMo buys into retailer Lawson to expand use of wallet phones

29 March 2006  |  5877 views  |  0 comments
McDonald's to accept contactless Paypass cards

McDonald's to accept contactless Paypass cards

18 August 2004  |  8239 views  |  0 comments
visit www.aciworldwide.comvisit www.response.ncr.comvisit www.atos.net

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10642 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
10277 views comments | 18 tweets | 36 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
7634 views comments | 10 tweets | 10 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7337 views comments | 19 tweets | 22 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6756 views 0 | 4 tweets | 2 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job