DoCoMo's Credit Payment Service tops 10 Million Subscribers

Japan’s NTT DoCoMo has announced that there are now 10 million users using their credit payment service – DCMX. DCMX is a service brand for DoCoMo-issued credit cards, which allows subscribers to make purchases using their mobile phones as credit cards via iD, DoCoMo's branded mobile payment platform for handsets equipped with contactless IC cards (Osaifu-Keitai).

For security, DoCoMo's Osaifu-Keitai phones can be locked remotely over the wireless network if misplaced or stolen. Currently, there are about 30 million DoCoMo customers who use Osaifu-Keitai-compatible handsets, and about 420,000 iD readers/writers nationwide, as of July 31, 2009. The service is used at such places as shopping malls, electronics retailers, restaurants and even taxis.

There are three plans offered under the DCMX brand: "DCMX mini" with which payments within a monthly credit line of 10,000 yen (approximately US$105) will be billed together with the user's monthly DoCoMo phone charges, the standard "DCMX" plan and the premium "DCMX GOLD" plan.

(source)