Citigroup encourages banks to invest in various NFC projects to help promote mobile commerce

Mobile Payments

With more banks and other financial institutions throwing support behind NFC technology, the coming shift toward mobile-based commerce seems inevitable. While the concept of paying for everything with a smart phone has yet to win the hearts of consumers, Citigroup Inc, a multinational financial services corporation, is encouraging more companies to invest in NFC-powered mobile wallets that will make mobile commerce possible. The company asserts that consumers will choose whatever platform they are most comfortable with and believes that financial institutions should participate in as many mobile wallet projects as…

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T-Mobile unveils m-commerce Direct Carrier Billing solution

T-Mobile mobile network carrier Technology News

T-Mobile USA has announced the introduction of Direct Carrier Billing, which provides its subscribers with a new mobile commerce solution that lets them buy digital products and services using their web enabled mobile devices such as PCs and netbooks, but also smartphones and tablets. Direct Carrier Billing was originally meant to leverage partner billing services from Boku, Zong, BilltoMobile, Payfone, and OpenMarket, and it allows customers to make purchases of digital products such as games, music, videos, or social networking credits so that they never need to enter their credit…

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