Buying Soda With Your Phone, part 2
by Elizabeth Blair York | June 25th, 2007
Last May, I wrote about the growing trend in other parts of the world to use your cell phone as a kind of mobile payment device (like the unlamented ‘Speedpass’).
Well, ‘Other Parts of the World’? Just became your house, if you’re a Verizon customer.
ComputerWorld is reporting that Verizon and boPay are partnering to let customers use their cell phone as a credit card. According to the article; “Users access their mobile money with an Obopay prepaid MasterCard, which can be used at any ATM or retail outlet that accepts credit cards. Users also can check their account balances, collect money owed from other mobile users and view transaction histories.”
Verizon CEO Ivan Seidenberg says; “We used to say you needed three things when you leave your house: your cell phone, car keys and wallet. Soon, you’ll only need your cell phone.”
According to ComputerWorld, Seidenberg did not detail any upcoming automobile-ignition capability for Verizon cell phones.
Tags:computerworld, Mobile, mobile money, mobile payment device, obopay, pay as you go, seidenberg, speedpass, verizon Wireless Sphere: Related ContentRelated Posts:
