Brief: Nokia and TANLA sign 5 year agreement to work on mobile payments
By Stefan Constantinescu on Tuesday, October 20th, 2009 at 2:44 AM PST In Nokia, Services
Looks like Obopay isn’t the only parter Nokia (NYSE: NOK) is going to be working with on providing mobile payments. Today Nokia signed a 5 year agreement with TANLA, an Indian company, to provide a “mobile payment service to enable on device transactions”. Tanla’s service works in 160 countries and can use both operator billing and credit card billing.
“This agreement further highlights our strong track record in processing secure transactions on the handset and our position as a trusted supplier of mobile payment services. Through a single integration with Tanla, application developers can monetize their services in 160 countries through operator and credit card billing.” — Uday Reddy, Chairman & Managing Director, Tanla Solutions
