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China Mobile to offer NFC, payments in 2013

State-owned China Mobile will launch NFC services to its nearly 700 million subscribers beginning in February 2013, according to a report on NFC World. The services will be available in 12 Chinese provinces, reaching 50 cities.

NFC World reported that China Moible intends to sell 10 million NFC-enabled phones from eight handset makers during 2013.

Earlier this year, China Mobile announced a partnership with Chinese bank card provider China UnionPay to offer a mobile payment service using NFC. Given that both companies are virtual monopolies in China, any mobile payment partnership between them could quickly become the world's largest such enterprise.

For more stories on this subject, visit the contactless/NFC research center.