Microsoft may be breaking into mobile payments

Mobile Payments service

Reports suggest that new company could be Microsoft’s first step into the mobile commerce market Microsoft may be building its own mobile payments service. There have been reports that Microsoft has established a new company, called Microsoft Payments, which may represent the company’s first step into the world of mobile commerce. Microsoft Payments has reportedly obtained a license from the Idaho Department of Finance, which would allow it to process transactions made over a mobile platform, which has yet to be announced officially. Microsoft Payments is seeking licensing from states…

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