As we've been expecting from the world leader in NFC based payment, Docomo to launch such service in India, Docomo doesn't disappoint us. Here's the breaking news. Tata DoCoMo will trail NFC based payment service in Hyderabad source :: http://wirelessfederation.com/news/35774-tata-docomo-will-trail-nfc-based-payment-service-in-hyderabad-india/ I think TATA Docomo has got semi-closed wallet license which is needed for this service from RBI. Let us hope this trial succeeds and transforms India's retail payment to a show-go affair. It has potential to make coins redundant over the time. Hopefully, phone manufacturers will help in making low priced NFC handsets for price sensitive Indian market.