Mobile Money round-up: Zong, Obopay, Vodafone and Citibank
Citibank and Mobile Money Ventures are teaming for a launch in China. Obopay has extended its reach into the mobile gaming market. Vodafone pushes for mobile paymets in India. Zong has launched a new service to allow users to use their mobile for card-based payments
MasterCard finally brings MoneySend mobile payment to the US
MasterCard has launched its m-payment system, MoneySend, in the US. The service works via SMS, mobile Web or mobile application. It allows person-to-person money transfers over your mobile device, and has been available for quite some time now in 17 other countries.
Nokia invests in mobile banking, through mobile money company Obopay
Nokia has invested heavily in mobile money experts Obopay, in a move that shows the corporations confidence in the future of mobile banking. The exact details of the investment are unknown, but more than one source has noted that Obopay made a regulatory filing this month for sale of up to $70 million in preferred [...]
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