Evolution Of Mobile Payments
A lot has been said about mobile payments taking over from traditional payment modes. An extension to existing alternative payment models, two years back, PayPal launched PayPal Mobile making it easier than ever for PayPal users to text money to friends and to pay for stuff that they buy, without any additional charges. A similar service called TextPayMe also became popular among people who needed to send many for various reasons, even simple reasons like splitting their lunch bills. So what next? Blogger Jim Salters, in a recent post talks, among other things, about the fact that mobile banking is catching up much faster than mobile payments.
Bank On Your Mobile « Alternative marketing thinking 12:40 am on September 4, 2008 Permalink |
[...] overdraft fees on their checking account and overlimit fees on their credit card. Last week, we spoke about how mobile banking is evolving. So is going beyond simple transactions also a step in this [...]