DOCOMO to Become Japan’s First Mobile Operator to Offer Phone-to-Phone Service for Overseas Mobile Remittances
TOKYO, JAPAN --- NTT DOCOMO, INC. announced today that it will become Japan’s first mobile operator to offer a convenient mobile service for overseas remittances, including phone-to-phone money transfers to the Philippines, when it launches “docomo Money Transfer™” on July 7.
Remittances to the Philippines will be possible from i-mode™-compatible DOCOMO phones to SMART Money, a reloadable payment card operated by Smart Communications, Inc., a subsidiary of DOCOMO partner Philippine Long Distance Telephone Company (PLDT). Beneficiaries will be able to confirm receipt promptly by accessing their SMART Money card via a Smart mobile phone.
Funds also can be sent from an i-mode phone in Japan to a beneficiary’s account at a participating bank or financial institution in Brazil, South Korea or China, as well as the Philippines, the four countries accounting for 80 percent of all foreign residents in Japan. Beneficiaries can quickly and safely retrieve the funds with a password and usual identification.
Other countries are planned to be added, and smartphone users will be able to use the service in the coming future.
Remittances will cost just 1,000 JPY, much cheaper than many other overseas remittance services, taking advantage of existing systems for international remittances and “docomo kouza (account)” mobile remittances in Japan.
Details are available on DOCOMO’s website and at DOCOMO information centers in Chinese, Korean and Portuguese, as well as Japanese and English.
(Attachment) Details of “docomo Money Transfer” Service: http://www.nttdocomo.com/pr/files/20110627_attachment01.pdf
About NTT DOCOMO
NTT DOCOMO is a world-leading mobile operator and growing provider of comprehensive services centered on mobility. The company serves over 58 million customers in Japan via advanced wireless networks, including a nationwide 3G network and one of the world’s first commercial LTE networks. Leveraging its unique capabilities as a mobile operator, DOCOMO is a leading developer of cutting-edge technologies for NFC mobile payments, mobile GPS, mobile TV, intuitive mobile assistance, environmental monitoring, smart grids and much more. Overseas, the company provides technical and operational expertise to eight mobile operators and other partner companies. NTT DOCOMO is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. Please visit www.nttdocomo.com for more information.
docomo Money Transfer, i-mode and are trademarks or registered trademarks of NTT DOCOMO, INC. in Japan and/or other countries.
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