Video Interview filmed at the NTT Docomo booth at the Mobile World Congress (MWC) 2009 in Barcelona. In Japan there are already over 53 Million mobile phones with NFC functionality in the market. NFC enables mobile payment, local promotions (coupons) or easy mobile to mobile money transactions.
Near Field Communication or NFC, is a short-range high frequency wireless communication technology which enables the exchange of data between devices over about a 10 centimetre distance. The technology is a simple extension of the ISO 14443 proximity-card standard (contactless card, RFID) that combines the interface of a smartcard and a reader into a single device. An NFC device can communicate with both existing ISO 14443 smartcards and readers, as well as with other NFC devices, and is thereby compatible with existing contactless infrastructure already in use for public transportation and payment. NFC is primarily aimed at usage in mobile phones. (Via Wikipedia)