Simpay

"Orange, T-Mobile and Vodafone have got together with Spanish firm Telefonica Moviles to create a mobile payment system, known as Simpay.

They are hoping that Simpay, which will allow any user on the four networks to pay for games, music or even pay for a parking ticket via their mobile, will transform phones from communication devices to mobile purses.

Paybox, a similar idea, offered independently of the main European operators, floundered earlier this year due to lack of interest from consumers", according to the BBC.

emily | 4:22 PM | SMS and Micro Payments |
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