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Mobile Payments

MWC 2014: Asian telecom operators form NFC alliance

Wednesday 26 February 2014 | 12:47 PM CET

Asian telecom operators Chunghwa Telecom (Taiwan), HKT (Hong Kong), KDDI (Japan) and SK Planet (South Korea) have jointly announced the formation of the Asia NFC Alliance, with the support of the GSMA. The Alliance aims to promote cross-border mobile NFC services.

The Asia NFC Alliance plans to extend the service coverage of these mobile operators from within a country to the whole Asian region and furthermore to provide global mobile NFC services across industries, including transportation, retail, finance, tourism and others. Subscribers are set to be able to access NFC applications across national borders, whether in Taiwan, Japan, Hong Kong, South Korea or other countries in the future.

In December 2013, HKT has partnered with banking consortium JETCO to expand NFC-based mobile payments services.

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