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China to Continue Using Two Contactless Payment Standards
Shanghai Securities News, 11/14/11
Xu Yu, head of the Ministry of Industry and Information Technology's (MIIT) China Academy of Telecommunication Research (CATR) TeleInfo Institute, revealed at the recent Payment Innovation (China) Summit 2011 in Shanghai that both the 2.4GHz and 13.56MHz contactless payment standards will continue to co-exist in China. Read More
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