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Mobile Phone becomes Wallet…

Looks like the mobile is starting to take shape as a payment method as these articles highlight:-

A new service called payforit it is mainly designed (initially) for those buying goods and services with a value of up to £10.

The industry hopes it will be used to pay for ringtones, train tickets, parking fees and eventually as a payment system on web shops and sites.

Any cash spent via the scheme will automatically be added on to a customer’s phone bill… 

more here …

Not to miss out on something new online looks like the guys at Google are thinking along the same lines

more here..

[Via BBC & Techcrunch]

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