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Old 08-02-2010, 12:06 AM   #1 (permalink)
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AT&T, Verizon plan a venture to allow consumers to pay bills with phones, threatening credit, debit cards - Bloomberg http://bit.ly/amzAhO
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Old 08-02-2010, 07:03 AM   #2 (permalink)
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Micropayments.
This has been done in some European countries for almost 10 years.
It was all the rage in the .com boom and bust. The end of cash.
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Old 08-02-2010, 07:09 AM   #3 (permalink)
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Interesting.. I'd have to learn a bit more about it before I ever tried using.. It is broadcasting the data wirelessly.
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Old 08-02-2010, 07:49 AM   #4 (permalink)
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After reading the article, I still wonder why it is taken this long to implement.
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Old 08-02-2010, 08:00 AM   #5 (permalink)
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1 - people like their credit cards
2 - people do not trust their cell phone company (everyone hates their cable AND cell phone company)
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