Kenya’s biggest cell phone carrier has launch a new payment service called M-Pesa. Kenya’s 8 million cell phone subscribers can now use SMS to send and receive money by cell phone. When someone receives a SMS money transfer they then go to an authorized retail establishment to get their money. Service is a cross between PayPal and Western Union. More on Cell Phone Money transfer Service
Posts Tagged ‘Cellular’
New Cell Phone Money Transfer Service
Wednesday, March 21st, 2007Pay For Products With Your Cell Phone
Wednesday, May 31st, 2006Several other countries such as Korea and Japan are far ahead of the U.S. in using cell phones to pay for goods and services. Now Cyphermint is offering a mobile payment service in the U.S. for cell phone users.
Instead of Cyphermint describing their new PayCash service as an eCommerce solution they are calling it a mCommerce solution. “m” for mobile. Basically the wireless payment service works by the consumer creating a payment list of merchants. Once the merchant list is created, the cell phone user can pay merchants that are on their list for goods and services in seconds using their cell phone. See AllPayNews posting: Cyphermint Launches PayCash Mobile for more details.
Back to Electronic Cash Resources.
Make PayPal Payments Using Cell Phone
Thursday, May 11th, 2006If you are familiar with PayPal, you know you can use this online payment system to receive and make payments online. Now PayPal, an eBay company, is expanding their payment service offering to allow payments by cell phone.
Here is how it works. If you are at the office and want to make a contribution to a group baby shower gift, you can use your cell phone to make an immediate payment to the baby shower sponsor. You just send PayPal a text message to send the money to your co-worker. All you need to do this is to have an active PayPal account and that you registered your cell phone with PayPal. That’s it. See PayPal Mobile Site.
