Sony Sets Up New Company, Starts E-Money Tests
Mar 04, 1999, (Comline via COMTEX) -- Sony (6758) will set up a new
company, EM Operations, to run e-money trials using an IC card
developed in-house, FeliCa. Sakura Bank (8314), Mitsui Fudosan (8801)
and others will join Sony for its establishment. In July, EM Operations
will start trials with 20,000 tenants of Gate City Osaki, a recently
completed office building. Sony is looking to establish a solid
presence in the e-money realm with FeliCa, on which information stored
can be read without coming into contact with the reader. The card is
already being used as a prepaid card in such applications as the Hong
Kong subway system. |
