MasterCard PayPass™ Ready Smartphones from DOCOMO enable consumers using iDTM mobile payment to make contactless payments while traveling the world, anywhere MasterCard® PayPass™ is accepted
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TOKYO--(BUSINESS WIRE)-- MasterCard (http://newsroom.mastercard.com) and NTT DOCOMO, INC., Japan’s leading mobile operator and provider of integrated services centered on mobility, today announced that MasterCard has been selected as a partner to expand contactless payments options for consumers in Japan. The collaboration will connect DOCOMO’s domestic payment network to the world, enabling customers using iD mobile credit payments with compatible DOCOMO smartphones to make contactless payments outside of Japan, anywhere MasterCard® PayPass™ is accepted.
NTT DOCOMO and MasterCard unveiled the details of their collaboration at a launch event in Tokyo today. Said Vicky Bindra, President, Asia/Pacific, Middle East and Africa, MasterCard Worldwide: “This launch is significant in that it not only marks another milestone in NTT DOCOMO’s and MasterCard’s history; it is also a landmark moment in the Japanese payments industry.” Mr. Bindra continued, “Independent industry growth projections suggest that the global installed base of NFC-ready point-of-sale terminals could grow to 43.4m units in 20171. This signifies the great potential in the contactless payment space. Our collaboration with NTT DOCOMO will open up endless possibilities of new forms of payments and other value-added services, and will help us continue to make contactless payments safer and easier, giving consumers more choices in how to pay.”
Masaki Yoshikawa, Executive Vice President and Managing Director of DOCOMO’s Credit Card Business Division, said: "DOCOMO launched the iD-branded mobile credit payments in Japan in 2005. With 17m users, we have the most number of subscribers using the Osaifu-Keitai™ (mobile phones with wallet functions). This collaboration with MasterCard will enable our iD users to make payments at PayPass merchants worldwide and increase the usage of mobile payment solutions."
The companies plan to start preparation to launch the service in the first half of fiscal year 20132, at which time customers in Japan using both iD mobile credit payments (based on FeliCa® technology) and an NFC (FeliCa＋TypeA/B) compatible DOCOMO smartphone will be entitled to the new service enabling contactless payments outside Japan, anywhere MasterCard PayPass is accepted. At launch, the service will be available on two new DOCOMO handsets:
These phones join the more than 70 models already approved by MasterCard as Mobile PayPass compatible devices. Simply by opting in for MasterCard PayPass, these DOCOMO customers will get to enjoy the convenience of Tap & Go™ when paying for purchases via their mobile phones.
MasterCard Boosts Mobile Payments Transformation
For over a decade, MasterCard has led the transformation of mobile phones into secure mobile payment devices. At the same time, MasterCard’s PayPass contactless payment network has been growing and now boasts nearly 500,000 merchant locations in 41 countries, including popular destinations for Japanese travelers such as the United States, Korea and Taiwan. Merchants both large and small are using MasterCard PayPass at their point-of-sale, adding convenience and speed to improve the consumer experience. The Mobile PayPass payment application offers a rich consumer experience using the interactive features of mobile phones, enabling consumers to transact when, where, and how they choose.
Today’s announcement marks another step by MasterCard to further expand its presence in the mobile payments space, and deliver great mobile payments experiences to consumers. A few recent milestones include:
About MasterCard Worldwide
MasterCard (NYSE: MA), www.mastercard.com, is a global payments and technology company. It operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news.
MasterCard ® and PayPassTM are trademarks or registered trademarks of MasterCard International Incorporated.
iD and Osaifu-Keitai are trademarks of NTT DOCOMO, INC.
FeliCa is a contactless IC chip technology developed by Sony Corporation.
FeliCa is a registered trademark of Sony Corporation.
Xperia is a trademark or registered trademark of Sony Mobile Communications AB.
AQUOS PHONE is a trademark or registered trademark of Sharp Corporation.
1 Shipments of NFC-ready POS terminals doubled to 2.5 million in 2011, Berg Insight 2012
2 The Japanese fiscal year 2013 runs April 2013 through end of March 2014
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