Taiwan to work to establish mobile commerce foundation next year

Taiwan Mobile wallet commerce

Mobile commerce is expected to take off in Taiwan next year as more telecommunications companies begin to adopt NFC technology. Far EasTone, one of the largest telecommunications companies in the country, has announced that it will be working with the other four telecom companies in Taiwan to build a foundation for mobile commerce. Together, the companies expect that the number of NFC-enabled smart phones in the country will surpass 100,000, which means that mobile commerce market will be ripe with potential. The new telecommunications coalition has met with the Bankers…

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