Nokia has announced own payment service, called Nokia Money. This service, according to Nokia, is designed for mobile devices and is a simple and affordable tool for financial management. Because mobile phones are almost all, and bank account is not each, said the company. Nokia Money management can be achieved through voice or SMS, and, even with just a phone. Service will pay for goods and services, various accounts, transfer money to anyone, just using his phone number, and the like. Nokia Money will be available 24 hours a day, the company plans to build a large network with many agents.
To implement the Nokia Money project, the company plans to collaborate with many telecom operators and financial institutions around the world. The service will be based on the platform of Obopay, a leader in developing global mobile payment solutions, this Nokia has invested in the beginning of the year. Nokia Money will be presented at Nokia World 2-3 September in Stuttgart, and will be launched early next year.
Source
Nokia brings mobile financial services to millions
Nokia Money, a new mobile financial service enables financial management and payments from a mobile phone
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[...] will be held at the Nokia World on 2nd September. In addition, the service will be submitted to Nokia Money, the company announced it [...]