TextPayMe, A New Mobile Payment Solution

TextPayMe announces the launch of a new secure mobile payment solution, making it easier than ever to send and receive money -- using nothing more than your mobile phone.

In public beta phase of testing, TextPayMe allows users to send money via text messaging. To deliver a payment, a user simply enters the amount he or she wishes to send and the recipient's cell phone number (or personal alias) -- the transaction is instantaneous.

By providing a convenient and secure solution that works with virtually every mobile phone model across all major carriers in the United States, TextPayMe allows customers to start instantly -- without having to install applications or wait for cumbersome downloads. [via MarketWire ]

A button on the TextPayMe's website invites users to buy and sell on Craigslist.

Currently, TextPayMe users are limited to sending and receiving a maximum of USD $500 a month.

emily | 7:50 PM | SMS and Micro Payments |
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