Japan's NTT DoCoMo (writes "Mobile Pipeline News") will release Saturday (Aug. 7) what it calls the first 3G phone that is capable of serving as a "mobile wallet" for making purchases and for conducting ATM withdrawals and credit card transactions .
The company said its F900iC uses a smart card to work with its FeliCa mobile wallet service. That service enables users to use the phone's near-field wireless technology to make credit card purchases and conduct other transactions.
For security, the smart card functions can be locked using either a password or fingerprint sensor, the company said in a statement. In addition, the smart card function can be locked remotely using other phones.
The phone also sports a built-in 1.28 megapixel camera and a 2.4-inch high-resolution color LCD. It also has a built-in miniSD memory card slot.
The device works with DoCoMo's 3G service, although the electronic wallet also requires a subscription to the company's consumer i-mode service.
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