JCB, an international payment brand, AEON Credit Service, a retail-affiliated credit card company, and NTT DoCoMo have jointly announced that JCB and AEON have developed the QUICPay payment solution for cards with contactless IC chips. The QUICPay service is also compatible with NTT DoCoMo's smart-card handsets, which are capable of using i-mode FeliCa mobile wallet service. A trial project for the new QUICPay solution will begin this autumn.
By applying for the QUICPay ("Quick and Useful IC Payment") service, part of the customer's existing credit limit is assigned to a specific contactless IC chip, which may be embedded in a plastic card, or incorporated in the customer's i-mode FeliCa service compatible mobile phone. As the QUICPay amount is billed to the customer's existing credit card, the new application lets customers continue to use their credit card loyalty point and mileage benefits. While users of prepaid cards must track the remaining value and take the time to reload it with cash, with QUICPay, they can increase the credit line amount during a payment transaction at any service supported store. In the future JCB and AEON plan to invite other credit card companies to participate in QUICPay in cooperation with NTT DoCoMo's i-mode FeliCa Service.