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September 09, 2007

A Look at Mobile Payments Startup MobiBucks

Mark Schwanhausser reports about MobiBucks for the San Jose Mercury News. MobiBucks, a Mountain View, CA-based mobile payments startup, was founded by serial entrepreneur Jorge Fernandes who "dreams of building [MobiBucks] into the PayPal of cell-phone commerce." Schwanhausser reports that "with MobiBucks, consumers can pay for items by keying in their cell phone number and PIN at the register. And they can do it today, without having to buy a cell phone equipped with a special chip." [Ed. note: Payments News first reported on MobiBucks back in April 2007. The MobiBucks web site is here.]

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