TURNING MOBILE PHONES INTO MOBILE WALLETS
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No matter much I don’t want to hear about it, this mobile wallet concept keeps popping up. With this in mind, I have settled on the idea of reporting it.
LAS VEGAS AdAge.com) — The mobile phone took one step closer today to morphing into a mobile wallet as PayPal announced that the National Basketball Association, along with other entertainment marketers and even some charities, will accept payments via text-messaging over the cellphones.
The new “text to buy” service was unveiled this morning during a keynote address at he CTIA Wireless 2006 conference here. “With the overwhelming popularity of mobile phones, the time has never been better for the merging of e-commerce and wireless devices,” PayPal President Jeff Jordan said…. Source: adage.com
