PARTNER NEWS: Korean credit card network LotteCard is using digital security giant Gemalto’s Optelio Contactless Stickers to allow its customers to make NFC mobile payments at 35,000 stores throughout South Korea. “The miniature size sticker is one third of the size of a standard banking card and designed to adhere to the surface of any mobile phone,” Gemalto says. “The sticker also doubles as a credit card for online shopping.”
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This product holds the potential to accelerate the adoption of mobile contactless payments. One hopes that cost is not a barrier.