European mobile phone companies drop m-payment plan


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

Free Course: JavaScript: The Good Parts
View Comments
You Might Like
Join the discussion
Be the first to comment on this article. Our Commenting Policies