back to article China Mobile goes big on proximity payments

China Mobile has launched a proximity payment service based on RF SIM technology, and with China Telecom announcing trials the standard is probably unstoppable. RF SIMs are now available to Chinese customers prepared to shell out ¥150 (around £15) for one, according to Alibaba.com. The SIM drops into any existing handset, and …

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Anonymous Coward

Only a matter of time (again)

before someone finds a hole in the system and starts robbing people while their phone stays in their pocket. Only 1000 yuan (ninety quid) at a time, ten times per second. That's the power of wireless, baby.

And no excuses for saying ``we didn't realise that'', now that you've been told.

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Grenade

WuMart?

WuMart? Is that the Chinese name for WalMart?

gernade 'cause i hate Walmart.

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