{"id":3719,"date":"2009-05-27T19:08:09","date_gmt":"2009-05-27T10:08:09","guid":{"rendered":"http:\/\/asiajin.com\/blog\/?p=3719"},"modified":"2009-05-27T19:08:09","modified_gmt":"2009-05-27T10:08:09","slug":"ntt-docomo-to-start-cellphone-banking-service-while-kddi-runs-a-year-ahead","status":"publish","type":"post","link":"https:\/\/asiajin.com\/blog\/2009\/05\/ntt-docomo-to-start-cellphone-banking-service-while-kddi-runs-a-year-ahead\/","title":{"rendered":"NTT DoCoMo To Start Cellphone Banking Service, While KDDI Runs A Year Ahead"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"NTT DoCoMos Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/03\/docomo_logo.gif\" alt=\"\" width=\"155\" height=\"40\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3725\" title=\"Mizuho Bank's Logo\" src=\"http:\/\/img.asiajin.com\/blog\/wp-content\/uploads\/2009\/05\/mizuho_logo.gif\" alt=\"Mizuho Bank's Logo\" width=\"152\" height=\"75\" \/><br \/>\n<a href=\"http:\/\/www.nttdocomo.co.jp\/english\/\">NTT DoCoMo<\/a> and <a href=\"http:\/\/www.mizuhobank.co.jp\/english\/\">Mizuho Bank<\/a> are reportedly planning to launch a micro payment banking service using cellphone handsets.<br \/>\nBy using the bank agent system that permits non-financial companies to deal with financial services, the cellphone giant will launch the service in this summer as soon as <a href=\"http:\/\/www.fsa.go.jp\/en\/index.html\">Japan&#8217;s monetary authority<\/a> approves it.   The new service allows you to pay public utility charges and mail-order bills over the cellphone.<br \/>\nThe service is capable of transfering money between two individual parties as well.\u00a0\u00a0 If both of a sender and a receiver are DoCoMo&#8217;s subscribers, the sender will be allowed to make a transaction only by entering the receiver&#8217;s phone number instead of his\/her banking account number.   The amount of  money transferred will be charged to the sender&#8217;s monthly phone bill.   The maximum limit of the amount is set to 30,000 yen (approx. USD300) a month for security reasons, and the cellphone company expects the new service will be used for various life scenes such as collecting expenses from intended attendees prior to a party, and sending money from the parents to their children who live apart.<br \/>\nIn a similar case, last summer <a href=\"http:\/\/www.kddi.com\/english\/index.html\">KDDI<\/a> and <a href=\"http:\/\/www.bk.mufg.jp\/english\/index.html\">Bank of Mitsubishi-Tokyo UFJ (BTMU)<\/a> jointly founded <a href=\"http:\/\/www.jibunbank.co.jp\">a bank[J]<\/a> targeting KDDI&#8217;s cellphone service users, but it requires to set up a new banking account and that prevents their business going through.   The partnership of NTT DoCoMo and Mizuho Bank requires no application for a new account, and it means the new service generates 50 million banking accounts in a moment, that would be a threat not only for KDDI\/BTMU but also for other financial institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NTT DoCoMo and Mizuho Bank are reportedly planning to launch a micro payment banking service using cellphone handsets. By using the bank agent system that permits non-financial companies to deal with financial services, the cellphone giant will launch the service in this summer as soon as Japan&#8217;s monetary authority approves it. The new service allows&hellip; <a class=\"more-link\" href=\"https:\/\/asiajin.com\/blog\/2009\/05\/ntt-docomo-to-start-cellphone-banking-service-while-kddi-runs-a-year-ahead\/\">Continue reading <span class=\"screen-reader-text\">NTT DoCoMo To Start Cellphone Banking Service, While KDDI Runs A Year Ahead<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[5,17,23],"tags":[1843,1942,2362,2664],"class_list":["post-3719","post","type-post","status-publish","format-standard","hentry","category-cellular-phone","category-japan","category-new-service","tag-jibun-bank","tag-kddi","tag-mizuho-bank","tag-ntt-docomo","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/3719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/comments?post=3719"}],"version-history":[{"count":0,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/posts\/3719\/revisions"}],"wp:attachment":[{"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/media?parent=3719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/categories?post=3719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiajin.com\/blog\/wp-json\/wp\/v2\/tags?post=3719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}