China Mobile today officially unveiled its plans for introducing NFC SIM cards and a mobile wallet, which it intends to launch early next year, to enable retail payment, transit ticketing and other applications.
Shen Hongqun, deputy general manager of China Mobile's data department, speaking at the telco’s Global Developers Conference in Guangzhou today, said the telco plans to issue NFC SIMs offering 500-kilobytes of space, which could support more than 10 applications. That could include multiple payment applications, as well as transit ticketing, coupons and city card services. The SIMs would support the single-wire protocol standard. The telco said it would gradually issue NFC SIMs as a default, likely only to certain subscribers.
This is similar to information that Xiong Hui, China Mobile’s vice general manager for e-commerce, gave during a presentation about the telco's mobile-wallet plans in October at the NFC & Mobile Money Summit in Milan, held by the GSM Association.