Mexico to Impose the Use of Cell Phones for Payments
Mexicans will soon be using their cell phones for small purchases such as restaurant meals and taxi rides. The move will be initiated by the country's leading telephone operators, Telefonica SA and Iusacell, and banks like Citigroup Inc. and BBVA.
Cell phone users will have linked savings and telephone accounts which will allow them to make small purchases through sending a simple text message to participating establishments. Using phones to buy items is currently being practiced in Japan, but this is still not employed in the U.S.
People who read this article also read...
Huawei Unveils HSPA+ Mobile Broadband System
Huawei Technologies has unveiled an end-to-end HSPA+ system, touted as the next upgrade to High Speed Uplink Packet Access (HSUPA) mobile broadband. As demand for m... More »
Acer Planning A New Aspire One Netbook
Eee PC rival Acer is planning a new Aspire One netbook, according to the company’s president. A 10” version is expected to go on sale sometime early next year, although... More »
O2 Offers Pay-As-You-Go Mobile Broadband
O2 has introduced a 3G broadband USB modem for just £29.99 on a pay-as-you-go tariff, branding it as the best value mobile offering for laptop users. Available immediately, ... More »
Internet Sales Take a Plunge, Report Says
A report from the Net Behaviour company shows that the number of people buying products and services over the internet has plummeted. The total quantity of acquisitions fell by tw... More »
Cell Phone Makers Go Green With Chargers
The companies have agreed to a common energy rating system that will enable customers to know which chargers are the most energy efficient. The new rating system will be star-based... More »
