Japan’s Docomo To Sell Contactless Smart Rings; Users Can Make Payments at the Wave of a Hand
14:02 JST, April 19, 2024
NTT Docomo will begin selling smart rings, which can be used to make contactless payments, at some Docomo stores from May.
The telecommunications firm plans to form a business alliance with Evering Co., the start-up that manufactures the smart rings, and will consider future business opportunities on which the two companies can collaborate.
Docomo aims to strengthen the services it offers outside the telecommunications industry, such as its payment and financial services.
Evering developed and sells the smart ring.
The IC chip inside the ring is compatible with the Visa contactless payment system. The smart ring enables users to make payments simply by holding their hands over readers at places such as supermarkets, convenience stores and ticket gates at train stations.
Users can make payments with the smart ring even if they are not Docomo subscribers. The device is available on a flat-rate plan at ¥550 per month or a purchase plan from ¥19,800.
Docomo plans to gradually expand the number of stores offering the smart ring and to eventually link the device to its “d Payment” and “d Point” services.
"Business" POPULAR ARTICLE
-
Japan, U.S., Philippines to Strengthen Nickel Supply Chains; Reduce Reliance on China for Critical Minerals
-
Shinkansen to Have Private Rooms by FY 2026, JR Tokai Announces
-
Survey: 80% Worried About Recognizing AI as Patent Inventor; Respondents Fear Increase in Unverified Inventions
-
Ride-Sharing Services Start in Tokyo; Kanagawa, Aichi, Kyoto, Others To Follow Suit
-
Bank of Japan Governor Lauded For Smooth Policy Change; Future Interest Rate Hikes to be Focus of Attention
JN ACCESS RANKING
- China Mutes Memorialization of Reformer Hu Yaobang; Memories Could Spark Critique of Xi Administration
- Shinkansen Services Suspended After Man ‘Searches for Phone’ on Tracks; Disruption Affects About 14,000 Passengers
- U.S. 7th Fleet officer Arrested on Suspicion of Stealing Sushi, Sashimi, Chicken at Kanagawa Shopping Mall; Suspect Caught Mid-Meal
- UNRWA Director Describes Catastrophic Destruction in Gaza; Says Relief Trucks Robbed, ‘People’s Hearts Destroyed’
- JAL Airplane Experiences Radio Malfunction During Flight, Lands Safely By Relying on Light Signals