Telecom of Thailand (TOT) is set to move into the mobile payments market with the launch of its new NFC-based mobile payment service, called Just Pay, in 2014.
Just Pay mobile wallet will include an NFC reader and mobile app for storing payment cards and loyalty offers.
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TOT will also introduce a tablet-based mobile point-of-sale (POS) device, and a web-based customer relationship management system for managing inventory, tracking customer transactions and running rewards programmes, reported Finextra.
The tablet-based point-of-sale device with a real-time link to a back-end web-based CRM system is intended for retailers to enable them to alter their inventory and present special offers to customers’ on the move.
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By GlobalData
