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Fast fact:
'British mobile users sent 20.5bn SMS messages in 2003.' - Mobile Data Association (MDA)

Text cheques to pay bills
Source : vnunet.com

vnunet logo
(24 September 2004)

New service enables payment collection via mobile phone

Mobile payment technology firm Upaid has launched 'Text cheque', a service that enables merchants to collect bill payments via mobile phones.

The firm said this mobile alternative to traditional cheques, which uses Short Message Service (SMS), provides a simple, instant and cost-effective payment option to consumers wary of signing direct debit agreements.

To view this article in full, please visit the publication website at http://www.vnu.co.uk/news/1158327.

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