Thursday, September 18, 2014

Will the new iPhone 6 be able to compete with existing mobile payments in Japan?


Japanese customer in kimono Copyright Peter Hanami 2004
Picture: Japanese customer in kimono 




"Mobile payments have been around in Japan for more than a decade. The country is often considered to be the birthplace of mobile commerce, largely due to the high adoption of smartphones and other mobile devices among Japanese consumers....Many mobile devices in Japan are equipped with an NFC chip called Felica. This chip was first introduced to the market in 2004 and now has a home in nearly every mobile device sold in the country. The iPhone had been one of the very few devices sold in Japan that did not have a Felica chip installed in it. "



Source: APPLE MAY FALL BEHIND IN JAPANESE MOBILE PAYMENTS