The UK’s big five mobile phone firms have switched on a payment system that turns handsets into digital wallets. The BBC reports. "Called PayForIt, the scheme is designed for those buying goods and services with a value of up to £10. The industry hopes it will be used to pay for ringtones, train tickets, parking fees and eventually as a payment system on web shops and sites. Any cash spent via the scheme will automatically be added on to a customer’s phone bill." Quelle

Diebold has announced that it has been granted five U.S. patents over the last 18 months "covering a variety of applications that enable mobile devices to interact directly with bank ATMs. These technologies extend beyond current mobile banking practices that permit using mobile phones to conduct online banking transactions such as transferring funds or checking account balances."

NCR has announced that it has entered into a global reseller agreement with MShift, a San Jose, California-based provider of customizable wireless solutions. NCR will offer the MShift Mobile Banking Solution as part of its suite of Internet banking services enabling "financial institutions to provide customers with anytime, anywhere access to online banking services via their cellular phone, personal digital assistant (PDA), and other wireless devices."

The Early Show on CBS this morning interviewed Consumer Reports Money Adviser Editor Greg Daugherty about mobile banking – who says it’s "been around about since the beginning of the year. But I think most consumers are probably hearing about it just about now."

Nicole Monroe Bell writes for the Charlotte Observer about loyalty cards going higher tech – delivering tailored coupons from kiosks to consumers as they enter stores. Quelle

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