Near Field Communications Handsets and Tags, NFC Pilots and Projects

Lotte, KT launch NFC payments in Korea

Friday, April 29, 2011

Lotte, one of the largest food and shopping groups in South Korea, has begun accepting contactless mobile payments from mobile carrier KT, according to Akihabara News.

Lotte customers with Samsung Galaxy S II phones are now able to tap and pay for items at check out via KT’s NFC network. Shoppers who spend more than 19,000 Won (about $18) will also earn loyalty points for future discounts with Lotte, says AN.

Read more here. [end] 

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