Motorola launches mobile-phone pay system
Motorola Wednesday launched a system to allow users to pay money via their mobile phones. M-Wallet allows users to pay for goods and services through their mobile accounts, including downloading gift certificates and collecting loyalty points.
The system works with GSM, CDMA or iDEN-equipped Motorola mobile handsets. Users need to download the application onto their phones via the Internet and then open their M-Wallet account.
鈥淢obile phones are no longer just about conducting conversations, they are now emerging as a center of people鈥檚 lives for every day transactions,鈥� said Navin Mehta, Motorola鈥檚 vice president of Applications Management. 鈥淲ith M-Wallet, Motorola continues to offer industry leading applications that not only bring convenience and flexibility to subscribers but help operators differentiate and advance their portfolios to increase mobile data usage.鈥�
Motorola will be demonstrating the M-Wallet solution at 3GSM in Barcelona Feb. 13 -16, 2006.
Copyright 2006 by United Press International
