MasterCard now has its first mobile wallet service in Japan. The new JACCS Card is powered by MasterCard contactless technology.
MasterCard is enabling secure, convenient mobile payments for Japanese cardholders with NFC-equipped smartphones issued by NTT DOCOMO, KDDI and SoftBank.
Starting this month, cardholders can sign up with JACCS MasterCard Contactless Mobile at the JACCS Card website. Once they have signed up, cardholders can use their mobile wallets at any contactless-enabled payment terminal in Japan. For this service, personal information such as credit card numbers will be delivered to the mobile application via “TOPPAN SP-TSM”, a service provided by Toppan Printing.
The launch of this service is one of the many projects MasterCard and JACCS Card have collaborated on as part of their decade-long partnership. These include embarking on pilot projects to enable contactless payments on NFC-equipped cellular phones and NFC-equipped smartphones, and they launched a contactless credit card in July 2014.
Since its introduction in the U.S. in 2005, cardholders can use their MasterCard contactless cards or devices at over 4 million merchant locations worldwide in 74 countries, a number which has nearly doubled over the past two years. In 2015, the number of contactless users increased 71 percent year-on-year across the globe.
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