Payments

Nokia looking to get in the money

00:23 August 27, 2009 PDT

The new Nokia Money service makes a grab for cash

Nokia’s new Nokia Money service will let users send money, pay for products, recharge prepaid SIM cards and pay utility bills just by using the payee’s mobile phone number. Designed to be as simple as making a phone call or sending an SMS, the Nokia Money services will be accessible 24 hours a day anywhere there is mobile phone coverage. Read More

MOBILE TECHNOLOGY

Forget your wallet? Pay with your mobile phone

By Paul Evans

18:07 March 11, 2009 PDT

With around four billion mobile phones in use world wide at the end of 2008 they now outnumber credit cards in circulation by a factor of 2:1, so the proliferation of payment systems based on the ubiquitous mobile phone seems almost a certainly. We've previously reported on Near Field Communication (NFC), a new generation of mobile phones able to make contactless payments and now UK mobile phone operator Orange is partnering with businesses to offer a complete range of contactless services. Read More