26/05/2011

Britain’s first mobile payment service

As of tomorrow, shoppers will be able to make small payments at 50,000 retail outlets using their mobile phones. Britons can now begin to benefit from a service already available in some developing countries and Asia, where shoppers routinely use smartphones in place of credit cards.


The service will not only provide a boost for the makers of the electronic chip that enables contact-less payment but also the mobile payment service providers Orange and Barclays.

This summer Google, MasterCard, Citigroup, First Data and Sprint will make a similar service available in New York and San Francisco.

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