Pay At Stores & Taxis Using Your Mobile In Mexico
Posted on August 26th, 2008 by dhirender
A collaboration between telephone operators such as Telefonica SA and Iusacell with banks such as Citigroup Inc and BBVA will allow mexican cell phone users to link their bank savings account to their telephone so they can make payments to participating stores, restaurants and taxis just by sending a text message.
While using phones to buy items such as train tickets or products in vending machines is commonplace in Japan, but the trend has yet to catch on in the United States. [Via]
In India, we meanwhile await the RBI guidelines on mobile payments.
Filed under: Mobile
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