Operators to launch NFC-based mobile payment services

"We are proud to be the first operator in the world to trial this global payment scheme," said Young-Chu Cho, CEO of KTF, a leading HSPA operator in Korea. "We have been working diligently to deliver more than mobile values to our customers and NFC M-Payment is definitely a step forward in realizing our vision."

"By adopting the global standard, experiences and technology, we aim to trigger our domestic NFC related industries to align with global standards and develop more advanced services and products to energize the telecommunications category. We are glad to join this global payment scheme trial to demonstrate cross-border interoperability," said Mr Jan Nilsson, President of Far EasTone Telecommunications.

"Australia is experiencing a wireless revolution with the highest growth rates in the world. Telstra is working with one of the country's leading banks and a global credit card provider to make it easier for customers to pay for goods and services with their mobile phones with a trial to begin early next year," said Sol Trujillo, CEO of Telstra.