Japan's NTT DoCoMo, long a champion of mobile payments, has inked a deal with the fast food chain McDonald's to enable its subscribers to buy food at the restaurant by using their mobile phone. The ¥300 million joint venture is largely (70 percent) funded by McDonald's, which will install terminals in their stores that interact with near-field communications (NFC) embedded in DoCoMo handsets. The food order will then show up on the customer's next mobile phone bill.
For more on the DoCoMo-McDo deal:
- see this article from Digital World Tokyo