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Well folks, even though mobile payment industry still doesn’t have impressive numbers to report, we all know it’s the way of the future. Following PayPal, consumers in the U.S. will soon be able to use yet another mobile payment provider – PayMate.
PayMate is an India-based company and their solution is currently being used by more than 3,000 merchants in the country. The idea is of course to replicate their success in America and afterwards who knows — guess we’ll see them hitting major European markets as well.
Similarly to Obopay, PayMate is teaming up with all the interested parties, including merchants, banks and carriers, allowing end-users an extensive breadth to the manner in which mobile payments can be made (online, over the phone, and over the counter).
As always, we’ll watch this space closely and keep you folks well informed…
[Via: Mashable]
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.
