Disqus
The mobile payments solution provider Obopay has announced partnership with Yodlee to allow its customers to link their existing bank account to Obopay so they can move money between their bank account and Obopay more quickly and easily than ever.
Yodlee’s secure Account Verification has already been proven and is currently used at more than 650 financial institutions that carry more than 80% of American account volume. By partnering with Yoodle, Obopay users will be able to access their existing accounts conveniently through their mobile phones in a matter of seconds, and immediately start sending money between their Obopay and their existing bank account.
Obopay’s main idea was to make an alternative to deposit verification, and make the system works better for users. However, if users don’t have an online bank account or for some reason don’t want to provide their online credentials, deposit authentication will still be used…
To wrap this up. By thanks to Yodlee, Obopay is one step closer to bring the mobile payments to the mass market. Interesting times are ahead of us, stay tuned as we’ll keep reporting…
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
