MasterCard's NFC-enabled mobile wallet is being introduced in Japan in partnership with Chicago-based mobile tech company C-SAM and Japan-based IC card vendor DNP. "Consumers will enjoy the benefit of fast, convenient and highly secure payments by simply tapping their NFC-enabled smartphone anywhere contactless is accepted, and merchants will be freed from the cumbrance of managing cash," said Kaoru Hirose, vice president and head of Japan market development at MasterCard.

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