The Infocomm Development Authority of Singapore has issued a Call for Collaboration (CFC) to accelerate the proliferation and adoption in Singapore of mobile payment services using Near Field Communications (NFC) technology, a secure form of short-range wireless technology built on open standards.

With NFC, consumers  can use their phones to make a wide variety of payments, including credit card payments as well as most CEPAS e-payment services using FlashPay and ez-link cards, simply by holding the phone in front of card readers.

The CFC would be awarded by June, 2011, and the target date for commercial rollout of the NFC payment system is February, 2012.

via AsiaOne Business: Get ready to pay with your mobile phone.