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Mobiles to become digital wallets

Discussion in 'General Webmaster Helpdesk' started by gkd_uk, Sep 3, 2007.

  1. gkd_uk

    gkd_uk Moderator Moderator Webmaster

    The UK's big five mobile phone firms have switched on a payment system that turns handsets into digital wallets.
    Called PayForIt, the scheme is designed for those buying goods and services with a value of up to £10.

    The industry hopes it will be used to pay for ringtones, train tickets, parking fees and eventually as a payment system on web shops and sites.

    Any cash spent via the scheme will automatically be added on to a customer's phone bill

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  2. maldives

    maldives New Member Webmaster

    That is wonderful. Just wondering what would be next?
  3. dhscott

    dhscott New Member Webmaster

    I prefer the one from Barclays myself. It is essentially just an Oyster card payment system. It can only buy things up to £10 however.

    I don't understand the point in that though as surely smaller shops would rather accept cash than to have to pay barclays a fee?

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