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February 08, 2006
US consumers to learn mobile payments from Asians
Commuters in Tokyo can pay for train tickets just by waiving their cell phones. In fact several Asian mobile cell phone providers allow for paying for everything from groceries to movie tickets. In Helsinki mobile users can pay for drinks at the vending machine.
Now Motorola plans to bring mobile phone based payments to the US consumer with its line of M-Wallet phones.
The company is working with mobile phone service providers as well as retailers to make electronic phone payments a reality.
Posted by admin at February 8, 2006 01:23 PM