Beyond Games - A Look at Payfone
Over on PaymentsViews.com, Glenbrook's Carol Coye Benson takes a look at mobile payments provider Payfone.
"Instead of using SMSs and short codes like ringtone merchants and existing bill-to-carrier payment providers, Payfone operates within the carrier signaling network, a global network that allows carriers to communicate and exchange information between each other." Read the full article here.
Interesting approach. I see they are part of the GSMA from their website. What is the GSMA's role in this? Seems to make sense: global reach using existing standards. I don't see how it works. Any more detail available?
Posted by: Venkat Chandra | September 07, 2009 at 04:30 AM