PayPal debuts PayPal Mobile

Posted on Sunday, April 09 2006 @ 10:10 CEST by Thomas De Maesschalck
Earlier this week PayPal has officially unveiled its new PayPal Mobile service, which enables users to pay via their mobile phones.
PayPal’s interest in a cell phone service has been anticipated by industry watchers, as the U.S. wireless industry tests the idea of one day turning the cell phone into an “m-wallet” to replace cash, credit cards, and even apartment keys.

While U.S. consumers and wireless operators have been eyeing the m-wallet and pilot-testing various systems, Japanese wireless operators like NTT DoCoMo have already run successful services that use the phone for a credit card, ATM card, apartment key, and train ticket.
More details can be read over at Red Herring.

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