Mobiles free to be wallets
Using a pre-pay mobile phone to buy anything from concert and theatre tickets to chocolate bars and fizzy drinks from vending machines will soon be a reality with the ending of a long-running legal wrangle.
The market opened up by a new ruling by the European commission is potentially huge. There are more than 50 million mobile phone users in the UK and roughly two-thirds of them pay for their calls and texts using pre-pay vouchers.
The easing of restrictions on the regulation of electronic cash or e-money, which has been adopted by the Financial Services Authority, even opens the way to smart cards such as London Transport's Oyster card being used as e-wallets. Mobile phone company Vodafone has contacted its major content partners saying the rule change will enable payments using a mobile phone for services such as online music downloads, ticketing services and films delivered to an email address.
New interface requirements will arise from this new UX ...
The market opened up by a new ruling by the European commission is potentially huge. There are more than 50 million mobile phone users in the UK and roughly two-thirds of them pay for their calls and texts using pre-pay vouchers.
The easing of restrictions on the regulation of electronic cash or e-money, which has been adopted by the Financial Services Authority, even opens the way to smart cards such as London Transport's Oyster card being used as e-wallets. Mobile phone company Vodafone has contacted its major content partners saying the rule change will enable payments using a mobile phone for services such as online music downloads, ticketing services and films delivered to an email address.
New interface requirements will arise from this new UX ...
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