25 February 2017
visit nextgenbanking.co.uk

Asian telcos form NFC alliance

25 February 2014  |  3311 views  |  0 Digital Abstract

Four Asian telecommunications firms have formed an NFC alliance to ensure cross-border compatibility of mobile payment systems and branding.

Japan's KDDI, Chunghwa Telecom (Taiwan), Hong Kong Telecommunication and Korea's SK Planet say the Asia NFC Alliance will jointly review standardisation of NFC tag specifications, common brand marks and NFC platforms and "work to resolve issues facing the popularisation and expansion of mobile NFC services".

Takashi Tanaka, president of KDDI, says: "We hope that this alliance will be an open organisation for the expansion of overseas co-operation services. We aim to actively promote collaboration with telecommunications carriers not only in Asia but in Europe and America, and create a world in which users in every country can avail themselves of NFC services."

The alliance has met with approval from mobile operator trade group GSMA.

Pierre Combelles, business lead, digital commerce of GSMA says: "Cross operator interoperability, and common platforms to easily develop and deploy services are key enablers to attract service providers and grow the NFC ecosystem. By working together with the Asia NFC Alliance, we hope to lay down a solid foundation for subscribers to experience a wealth of top quality NFC services across Asia - and to build best practice for other regions."
KeywordsTELECOMMS

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

MasterCard and German telcos promise mass-market mobile payments

MasterCard and German telcos promise mass-market mobile payments

25 February 2014  |  5387 views  |  2 comments | 8 tweets | 13 linkedin
HSBC partners telcos for Hong Kong NFC launch

HSBC partners telcos for Hong Kong NFC launch

20 December 2013  |  8358 views  |  0 comments | 2 tweets | 5 linkedin
Citi Hong Kong launches NFC-based mobile wallet

Citi Hong Kong launches NFC-based mobile wallet

01 November 2013  |  6649 views  |  0 comments | 7 tweets | 4 linkedin
NTT Docomo and MasterCard bring global mobile NFC payments to Japanese users

NTT Docomo and MasterCard bring global mobile NFC payments to Japanese users

29 October 2013  |  6273 views  |  0 comments | 6 tweets | 8 linkedin
Japanese and South Korean telcos ready for cross-border NFC m-payments

Japanese and South Korean telcos ready for cross-border NFC m-payments

11 October 2012  |  6063 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
http://www.financialcrimerisk.fiserv.com/aml?r=finextravisit dh.comVisit Yelloco.co.uk

Who is commenting?

Top topics

Most viewed Most shared
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
12505 views comments | 52 tweets | 72 linkedin
RBS to become fintech fund and high street outlet for challenger banks under HMT remedyRBS to become fintech fund and high street...
8521 views comments | 40 tweets | 34 linkedin
High rate of defaults hit P2P lending sectorHigh rate of defaults hit P2P lending sect...
6771 views comments | 18 tweets | 13 linkedin
BNY Mellon seeks blockchain experts for new emerging biz and tech teamBNY Mellon seeks blockchain experts for ne...
6689 views comments | 7 tweets | 4 linkedin
Visa opens London innovation centreVisa opens London innovation centre
6029 views comments | 20 tweets | 19 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job