
China Telecom launches mobile payments service

China Telecom has released its mobile wallet service in cooperation with over ten banks. The "E-Surfing Mobile Wallet" includes an NFC payment service and China Telecom customers can get a free Sim card that supports NFC at customer service centres from 23 December, the Marbridge Daily writes citing a 21st Century Business Herald report. The company plans to release 30 million NFC-enabled UIM cards in early 2014.
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