KT to launch mobile payment service for iPhone
Seoul - Yonhap
South Korea's telecom titan KT Corp. said Monday that it will roll out a new service for Apple Inc.'s iPhone, which will turn the smartphone into a mobile wallet for wireless financial transactions. The country's second-largest mobile operator plans to introduce a new smartphone case for the iPhone based on near field communication (NFC) technology, which allows a wireless exchange of data within a 10 centimeter range, it said.
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