Monday, November 13, 2006

Camera Phones And Bar Codes Offer More Than Price Comparison

From Eurotechnology Japan Barcodes for mobile payment

Japan's mobile operators DoCoMo, KDDI/AU and SoftBank are expanding their business into mobile payment and mobile credit, traditionally the realm of banks, credit card companies, financial institutions and cash.

Customer's camera phone reads the barcode or QR-code on an utility bill or mailorder invoice, and forwards secure payment instructions to the customer's bank account

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