NTT DoCoMo to launch "wallet mobile phone" in July

Japanese mobile phone giant NTT DoCoMo said it will start selling next month a handset with smart-card electronic cash, train pass and identification card functions, reports The Associated Press.

"Users would only have to wave the phone near an electronic scanner to make a purchase at grocery stores, pass through gates at train stations or to check-in at airports."

emily | 2:36 PM | Mobile Payments |
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