Tuesday, April 19, 2005

Big bucks in micropayments

The mobile network operators continue to miss opportunities to provide a value added service for micropayments, leveraging pre and post paid billing systems.

The volume of potential transactions is staggering and digital content is not the only items that are saleable.

I'd really like to be able to order and pay for a cup of coffee and have it made moments before I arrive (using location based services, I authorize the operator to disclose my location within a certain proximity to the store) and display a digital receipt to pickup my beverage. Ahhh, no more waiting in long lines. How many times have you passed by because the line looked so long?

http://www.internetweek.com/allStories/showArticle.jhtml?articleID=160902325

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