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NTT DOCOMO Launches Mobile Card Acceptance Device

  • Japan-based mobile operator NTT DOCOMO is getting ready to roll out a low-cost card acceptance device. This dongle should cost 10,000 to 20,000 yens (100 to 200 euros) to merchants.
  • The new tool should be made available to retail stores, restaurants, hotels, etc. in partnership with financial institutions.
  • NTT Docomo also intends to take roughly 15% stakes in Link Processing by the end of September. The start-up specialises in handling settlement devices and services.
Source: Telecom Paper
  • The Japanese operator pioneers through focusing on card acceptance, and tracks back a mobile-based innovation trend materialised in 2007 through its m-wallet Osaifu-Keitai.
  • The number of Smartphones keeps increasing in Japan and one in four mobile users now own such devices (43% more than in the beginning of the year according to comScore). About two-third (64.1%) of these users have opted for Android.