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Remote 'off' switch to help Southeast Asians get car loans

Service that shuts down engines over late payments to expand in region

The MCCS terminal, developed by Japan's Global Mobility Service, can remotely shut down a car engine when the driver falls behind on loan payments.

TOKYO -- Japan's Global Mobility Service is expanding its auto lease and loan services in Southeast Asia, which use information technology to remotely shut down the engines of cars whose owners are behind on payments.

The services have been introduced in the Philippines and will become available in Thailand and Indonesia as early as April, in cooperation with financial institutions.

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