European mobile phone companies drop m-payment plan

IDG News Service |  Mobile & Wireless

Attempts by European mobile phone operators to create a cross-border mobile payment system for purchasing goods and services have failed, following the decision by a founding member to withdraw from the program.

Members of Simpay decided Friday at a general meeting not to pursue the roll-out of an m-payment system on a European scale as initially planned.

Instead, Simpay's operations will be scaled back with " immediate effect," the group said in a statement, adding that member operators will be able to use the group's intellectual property rights at "a national level."

In 2003, four of Europe's largest mobile phone companies, Orange SA, Telef

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