Contactless payment a hit in Japan: FeliCa predicts 50 million users by 2009

23 May 2007

The number of people with so-called ‘mobile wallet phones’ in Japan is forecast to top the 50 million mark by early 2009, according to FeliCa Networks, the joint venture of contactless chip supplier Sony Corp. and mobile telco NTT DoCoMo. Mobile wallet phones, or ‘Osaifu Keitai’, were introduced in 2004 and have garnered around 25 million unit sales to date for the three network operators CoDoMo, KDDI and Softbank Mobile. FeliCa administers the platform used to load and manage secure payments and related applications onto the handsets.

Japan, KDDI (au), NTT DOCOMO, SoftBank Corp