By >Daimaou - G.G-B
SK Telecom to launch Korean first verified Commercial payment via Smartphone.
SK Telecom announced this morning the rollout of their Korea first verified commercial payment via Smartphone, the Samsung Galaxy S running Android, where your credit cards data are securely stored on your USIM (CVC, Expiration Dates, Name, PIN…) allowing you to not only pay goods online and get debited on your credit card, but also to make payment in stores that are accepting SK Telecom RF technology.
Available via SK Telecom online T Store, this payment solution is accessible to all owner of Galaxy S smartphone as well as future android one using SK Telecom services.
Now the best part of this service is its name, MAGIC which stands for Mobility, AMazing, Good Prince, Infinitie… Yep, don’t know what are smoking over at SK Telecom but must be quite cheap for such lame name.