6683 0 3 econsultancy_xml <p>It enables consumers to purchase content costing less than £10, including tickets, ringtones and games, from providers such as Multimap, I-play and Gameloft.</p> <p>Mobile Data Assocation chairman Mike Short <a href="http://news.bbc.co.uk/1/hi/technology/6764979.stm">told the BBC</a> that PayForIt presented an alternative to other systems such as premium rate SMS: </p> <blockquote> <p> <em>"It's for those customers who have not felt comfortable with mobile transactions or payments.</em> </p> <p> <em>"It's about opening up the micro payment choices, but it's not a total cash replacement." </em> </p> </blockquote> <p>Using the system, a purchaser clicks on the PayForIt link to visit an authorisation page where they can complete payments. The amount is then added to their bill or deducted from their balance.</p> <p>Meanwhile, a patent application for an SMS payment solution from Google was published last week. </p> <p>Inevitably fuelling more rumours that the web giant is looking to launch a mobile device or operating system, the application <a href="http://www.channelregister.co.uk/2007/09/03/google_mobile_patent">covers</a>: </p> <blockquote> <p> <em>“A computer-implemented method of effectuating a payment, comprising: receiving at a computer server system a text message from a payor containing a payment request comprising a payment amount sent by a payor device operating independently of the computer server system; debiting a payor account for an amount corresponding to the amount of the payment request; and crediting a payee account that is independent of the computer server system.”</em> </p> </blockquote> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph>It enables consumers to purchase content costing less than £10, including tickets, ringtones and games, from providers such as Multimap, I-play and Gameloft.</Paragraph> <Paragraph>Mobile Data Assocation chairman Mike Short <Link URL="http://news.bbc.co.uk/1/hi/technology/6764979.stm" Window="Self">told the BBC</Link> that PayForIt presented an alternative to other systems such as premium rate SMS: </Paragraph> <Block> <Paragraph> <Quote>"It's for those customers who have not felt comfortable with mobile transactions or payments.</Quote> </Paragraph> <Paragraph> <Quote>"It's about opening up the micro payment choices, but it's not a total cash replacement." </Quote> </Paragraph> </Block> <Paragraph>Using the system, a purchaser clicks on the PayForIt link to visit an authorisation page where they can complete payments. The amount is then added to their bill or deducted from their balance.</Paragraph> <Paragraph>Meanwhile, a patent application for an SMS payment solution from Google was published last week. </Paragraph> <Paragraph>Inevitably fuelling more rumours that the web giant is looking to launch a mobile device or operating system, the application <Link URL="http://www.channelregister.co.uk/2007/09/03/google_mobile_patent" Window="Self">covers</Link>: </Paragraph> <Block> <Paragraph> <Quote>“A computer-implemented method of effectuating a payment, comprising: receiving at a computer server system a text message from a payor containing a payment request comprising a payment amount sent by a payor device operating independently of the computer server system; debiting a payor account for an amount corresponding to the amount of the payment request; and crediting a payee account that is independent of the computer server system.”</Quote> </Paragraph> </Block> </FormattedContent> 2007-09-04T10:42:00+01:00 0 1 econsultancy_xml <p> <strong>PayForIt, the new payment scheme backed by the UK’s five mobile network operators, has gone live.</strong> </p> <p>The system began operating on 1 September, offering a standardised way for content providers to process payments from customers on different networks.</p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>PayForIt, the new payment scheme backed by the UK’s five mobile network operators, has gone live.</Emphasis> </Paragraph> <Paragraph>The system began operating on 1 September, offering a standardised way for content providers to process payments from customers on different networks.</Paragraph> </FormattedContent> false 1699 <p>Econsultancy has published a <strong><a href="http://econsultancy.com/reports/mobile-marketing-buyers-guide">Mobile Marketing Buyer's Guide</a></strong> which is aimed at those who are investigating the market for mobile marketing platforms, with profiles of 14 leading suppliers and an analysis of market trends. See also our <strong><a href="http://econsultancy.com/reports/mobile-statistics">Mobile Statistics Compendium</a></strong> for data, facts and charts relating to mobile.</p> <p>Econsultancy has published a <strong><a href="http://econsultancy.com/reports/mobile-marketing-buyers-guide">Mobile Marketing Buyer's Guide</a></strong> which is aimed at those who are investigating the market for mobile marketing platforms, with profiles of 14 leading suppliers and an analysis of market trends. See also our <strong><a href="http://econsultancy.com/reports/mobile-statistics">Mobile Statistics Compendium</a></strong> for data, facts and charts relating to mobile.</p> 364147 New mobile payment system goes live in UK false 2007-09-04T10:42:00+01:00 new-mobile-payment-system-goes-live-in-uk 2009-04-28T22:57:27+01:00 2009-10-13T09:17:42+01:00 331