Mobile Payments via Text Messaging

by Erin McCune on April 26, 2006

in Payments News

Today's Wall Street Journal has a great write up on text messaging payment services. One noteworthly thing about the article is that it does a good job of distinguishing mobile phone payments between private parties (serviecs like PayPal's recently launched PayPal Mobile, etc) vs. credit card sponsored initiatives that enable small dollar credit card payments using your phone as a mobile wallet.

This graphic is courtesy of the Wall Street Journal:

Wsj_graphic_1

Read the compete article here:

You've Got Money: Paying via Text Message
New Services From PayPal,Others Let Cellphone Users Transfer Funds, Buy Products

Wall Street Journal
By MYLENE MANGALINDAN and JESSICA E. VASCELLARO
April 26, 2006; Page D1

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