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More about mobile money

I'm on holiday and ignoring nearly everything … almost everything … but not quite.

Just found a couple more links about mobile money that are really interesting so couldn't help but post them.

First, Fast Company has just produced a really good review of all things to do with mobile money:

"Mobile payments system Boku just announced that it will work with a bevy of social networks and gaming sites. But competitor Zong, was recently chosen to pilot Facebook's virtual currency, called Credits. Both sites will face considerable opposition from Obopay, a seasoned startup that recently earned the backing of mobile phone giant Nokia for its Nokia Money payment system. Mobile payments are convenient, fast and easy–but which service should you use?"

They go on to look at PayPal and Amazon's TextPayMe, and their answer is that each has its own virtues dependent upon what you are trying to do, e.g. gaming, downloads, sending money, etc.

Well worth a view.

The other that caught my eye was the launch of Virgin Mobile's Zoompass in Canada:

Virgin Mobile Canada and EnStream LP announced that Virgin Mobile customers can now Zoom each other cash with Zoompass(TM), a groundbreaking new mobile money transfer and payment service.  Zoompass is a fast and easy way to send and receive money securely with a mobile phone.

Being on hols in a remote place with only a mobile and blackberry to keep in touch means that these things are proving to be of great value.

After all, how else am I going to pay that utility bill I left on the doormat that day I left?



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About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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