Summary:

European Carriers Unite for M-commerce: Four of Europe’s top wireless operators have joined forces on a mobile payment initiative designed t…

European Carriers Unite for M-commerce: Four of Europe’s top wireless operators have joined forces on a mobile payment initiative designed to push m-commerce by creating an open, interoperable system for conducting transactions by phone..the Mobile Payment Services Association is developing a system that will let customers use their cell phones to make low-cost purchases — typically up to US$10. Payments will be charged to their credit or debit cards through carrier-managed accounts.

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