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Japanese banks to begin QR mobile payments pilot

Japan’s megabanks aim to introduce unified smartphone payment system — The Mainichi — “MHFG announced that it will soon embark on a verification test of smartphone payments with Toho Bank, headquartered in Fukushima Prefecture, using the barcodes. It is thought that the results of the test will be used to create uniform standards for the two-dimensional barcodes that are currently being mulled by the three banking groups.”