Thursday, July 14, 2005

MobileLime Mobile Payment Service

It begins. MobileLime is a cellphone-based payment service that allows you to pay for taxi rides, ice cream, and whatever via SMS. At a store, for example, you call a toll free number, pre-approve the charge, and then type in a PIN. The same happens in a restaurant or wherever: you get a merchant ID number, make the call, type in your PIN, and you're on your way. Not exactly RFID-tastic, but I guess we have to start somewhere.

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