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DOCOMO to Launch Mobile Remittance Service.


Tokyo, July 2, 2009 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
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JCN joint communications network (US DoD) 
 Newswire) - NTT DOCOMO (NTT Mobile Communications Network, Inc., Japan) Founded in 1991, NTT DoCoMo is a spinoff of Japan's NTT (Nippon Telegraph and Telephone Corporation) which provides wireless services, including cellular, paging, satellite and maritime and in-flight telephone services. , INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
. announced today a new service that will enable an individual subscriber to use their DOCOMO mobile phone to easily and quickly remit money to another DOCOMO user, beginning on July 21.

Customers of DOCOMO's i-mode(TM) mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV.  service on the FOMA See i-Mode. (TM) 3G network will be able to remit up to 20,000 yen (about 208 U.S. dollars) per transfer, basically just by inputting the payee's mobile phone number. The payee The person who is to receive the stated amount of money on a check, bill, or note.


payee n. the one named on a check or promissory note to receive payment.


PAYEE. The person in whose favor a bill of exchange is made payable.
 receives a mail notification via their DOCOMO mobile phone and is given the option of depositing the money in a domestic bank account or having the amount credited to their monthly DOCOMO phone bill. The payee can receive remittances totaling up to 200,000 yen (about 2,080 U.S. dollars) per month.

In addition to anytime, anywhere convenience, DOCOMO's mobile remittance service does not require the payee to register for the service or open a new bank account. In addition, since the payer basically only requires the payee's phone number to make the remittance, the payee does not have to divulge any private banking details.

DOCOMO envisions customers using the service as a fast and easy way to take care of money matters with friends and acquaintances, such as transferring money to a family member or settling up one's cost of a dinner with a group of colleagues.

DOCOMO received approval from the Kanto Local Finance Bureau on June 30 to launch and operate the service as a bank agent on behalf of Mizuho Bank, Ltd.

The charges per payment (including consumption tax) will be 105 yen for the payer and 65 yen for the payee. The payee is not charged, however, if the remittance is deposited into a Mizuho Bank account or credited to their monthly DOCOMO phone bill.

The service will not be available to corporate subscribers.

About NTT DOCOMO

NTT DOCOMO is the world's leading mobile operator and provider of advanced mobile services. The company serves over 54 million customers in Japan, including 48 million using i-mode, the world's most popular mobile e-mail/Internet platform, and 49 million using FOMA, the world's original 3G mobile service based on W-CDMA See WCDMA. . As a leader in the development of cutting-edge mobile technologies, DOCOMO is continually expanding the role of mobile phones as versatile and highly personalized "lifestyle tools" for everyday life, including with a wide range of innovative services for mobile payments, GPS, mobile TV, multimedia content and much more. NTT DOCOMO is listed on the Tokyo (9437), London (NDCM) and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 (DCM DCM
abbr.
Distinguished Conduct Medal
) stock exchanges. For more information, visit www.nttdocomo.com

About Mizuho Bank, Ltd.

Established on December 1, 2002, Mizuho Bank is a subsidiary of Mizuho Financial Group Mizuho Financial Group, Inc. (株式会社みずほフィナンシャルグループ , one of the largest financial institutions in the world, offering a broad range of financial services including banking, securities, trust and asset management, credit card, private banking service through its group companies. Mizuho Bank, as a key bank in the group, primarily serves individuals, small and medium-sized enterprises (SMEs) and middle-market corporations, and local governments in Japan. Its 493 branches and offices in every prefecture in Japan hold accounts for some 25 million individual customers and provide finance for around 100,000 customers among SMEs and middle-market corporations. Visit www.mizuhobank.co.jp/english.

Source: NTT DOCOMO

Contact:
International PR
Public Relations Department
NTT DOCOMO, INC.
Tel: 81-3-5156-1366
Fax: 81-3-5501-3408
website: http://www.nttdocomo.com


Copyright 2009 JCN Newswire. All rights reserved. www.japancorp.net
COPYRIGHT 2009 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

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Publication:JCN Newswires
Date:Jul 2, 2009
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