NTT DOCOMO, INC. will launch the i-mode™ mobile Internet service on the FOMA™ 3G network on July 21. The application would enable the users to remit up to 20,000 yen per transfer by inputting the payee’s mobile phone number. The payee then receives a mail notification through their DOCOMO mobile phone and will be given the choice of depositing the money in a domestic bank account or having the amount credited to their monthly DOCOMO phone bill. The payee can receive remittances totaling up to 200,000 yen per month.

The Kanto Local Finance Bureau approved DOCOMO’s project to launch and operate the service as a bank agent on behalf of Mizuho Bank, Ltd. last June 30.