BT and paysafecard unveil e-commerce m-payments system

BT has teamed with paysafecard on a service that enables Brits to make online purchases from their mobile phones without handing over card details.

Be the first to comment

BT and paysafecard unveil e-commerce m-payments system

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Customers can make purchases at around 2700 Web sites using paysafecard's pre-paid voucher system without disclosing financial details.

The scheme works with all the UK's major mobile phone operators - Orange, Vodafone, T-Mobile, 3 and O2 - because it taps the industry-developed PayForIt system.

PayForIt launched in 2007, allowing subscribers to use their handsets to pay for low value purchases. The scheme was set up by the telcos to provide a standardised payment system to customers - no matter what mobile operator a customer is signed up to or which handset they use.

Mike Steel, head, business development (participation media), BT agilemedia, says: "This project has been an innovative example of how to use the PayForIt scheme for online purchases."

Sponsored [Webinar] Solving the KYC challenge with end-to-end processes

Comments: (0)

[Webinar] Real Time Goes Global: Expanding Revenue Potential Beyond BordersFinextra Promoted[Webinar] Real Time Goes Global: Expanding Revenue Potential Beyond Borders