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Bank on Your Cell Phone

Posted by CowboyNeal on from the little-big-business dept.

AnonGirl writes "Big banks are launching mobile banks to 'keep customers and generate more payment revenue down the line.' Citibank is working on two pilots: one with Obopay, and the other for contact-less payments. AT&T phones will have Wachovia already installed in their phones by fourth quarter 2007. The downside: 'Even though banks are not charging for their service, carriers do charge for accessing data through their phone.'"

1 of 89 comments (clear)

  1. Re:Is this new? by Anonymous Coward · · Score: 5, Insightful

    USA is a backwater for mobile technologies...