Glenbrook Partners Payments News

US Mobile Payments Players - Comparisons

PRELIMINARY - Originally Posted: April 5, 2006 - Updated April 8, 2006
Company Launch Date Payment Initiation Methods How Payment Authorized Account Funding Methods Withdrawal Methods Consumer Distribution Usage Fees Incentives, Rewards
TextPayMe Dec 2005 SMS-based Callback, enter PIN via DTMF ACH

Bank Card
Wire to DDA

Mailed Check
Direct via web Free for now $5 sign-up bounty

Xbox prize
PayPal Mobile Mar 2006 SMS-based plus IVR option

Text to Buy feature using SMS Shortcodes

[Debit Card]
Callback, enter PIN via DTMF PayPal account

(ACH, Bank Cards, funds in PayPal account)
PayPal Withdrawal Options 100 MM enrolled PayPal users

Direct via web
Same as PayPal (receiver pays above $500 monthly threshold) None
Obopay Apr 2006 Application on handset

SMS fallback

Debit Card
PIN used with handset application

[For SMS?]
ACH

Bank Card

[Cash]
ACH

Use adjunct MasterCard to shop, withdraw cash at ATMs
Direct via web

Mobile Operators
Sender pays 10¢ $10 sign-up bounty

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