Leave the Cash at Home - Verizon, Obopay Partner for Mobile Payments
In a press release headlined "Leave the Cash at Home", Obopay has announced that "Verizon Wireless customers will soon have another option when they shop other than just cash or credit -- they will be able to pay using their wireless phones."
Obopay, the first comprehensive mobile payment service in the U.S., today announced with Verizon Wireless, the leading wireless company with the most reliable voice and data network, they plan to make Obopay's services available to Verizon Wireless customers in the coming weeks. Obopay is the first mobile payment offering for any major U.S. carrier, and it will allow Verizon Wireless customers to make purchases easily and directly from their mobile phones.
The Obopay service allows users to receive, send and spend money instantly and effortlessly via their mobile phones -- whether shopping at their favorite store, going to the movies or dining with friends. Users can immediately access their mobile money using an Obopay prepaid MasterCard®, which can be used at any ATM or retail outlet that accepts credit cards. With Obopay's user-friendly features, users can also check their account balances, collect money owed from other mobile users, view transaction histories, and invite friends to use the service.
"After a series of industry-firsts, Obopay has once again shown unrivaled leadership by working toward making its services available on the Verizon Wireless network," said Obopay chief executive officer, Carol L. Realini. "We look forward to working with Verizon Wireless to deliver our mobile payments services to its customers."
Obopay will initially run on Verizon Wireless mobile phones as a BREW® application that can be downloaded from the Verizon Wireless Get It Now® online catalog. After downloading the application, users will be able to sign up for the service directly from their Verizon Wireless mobile devices or at www.obopay.com. Signing up friends will be easy -- users simply send cash to prompt others to sign up or issue mobile alert invites. The service will also be made available as part of Verizon Wireless' Mobile Web 2.0(SM) service. Download charges for Get It Now applications vary and airtime charges apply when browsing, downloading and using certain applications. Customers need a Get It Now-enabled handset and Verizon Wireless digital service to access the Get It Now virtual store.
Obopay Rocks while Paypal "Talks"
Does anyone else thing its sweet justice that these little guys from Obopay are simply mopping the floor with Paypal Mobile !
Obopay has in short order,
Launched with Verizon, Announced with Citi, Launched with AOL IM & raised money from nothing but tier one players like Qualcomm Ventures & Redpoint.
Paypal Mobile is arrogant, aggresive and over charges, their community with poor business practices. This game was PayPals game to loose, and sure enough, they are losing it.
I love it when good people with good ideas win by doing the right thing for their customers - shareholders & the market in general.
Rock on Obopay!
MR-I
Posted by: MR I | June 20, 2007 at 11:10 AM