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KT Korea pushes NFC SIMs to drive contactless transactions

KT Korea has purchased 500,000 NFC SIM cards from Morpho

South Korean operator group KT Korea has purchased 500,000 NFC-LTE SIMs in a bid to stimulate adoption of contactless payment services among its user base. The operator said that the SIM will enable its customers to use their smartphones to pay for transit fares or to retail products at 200,000 contactless terminals.

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