mobile card market riding on smartphone boom
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Mobile card market riding on smartphone boom

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Arab Today, arab today Mobile card market riding on smartphone boom

Seoul - Yonhap

South Korea's mobile card market is growing at a rapid clip as an increasing number of consumers are using their smartphones for making payments, industry data showed Thursday. A mobile card refers to a credit card built into a mobile phone enabling the user to pay for goods and services. To use mobile cards, a special chip, dubbed near field communication (NFC), needs to be installed in a handset. Seoul - Yonhap South Korea's mobile card market is growing at a rapid clip as an increasing number of consumers are using their smartphones for making payments, industry data showed Thursday. A mobile card refers to a credit card built into a mobile phone enabling the user to pay for goods and services. To use mobile cards, a special chip, dubbed near field communication (NFC), needs to be installed in a handset.

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