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Euro operators join banks on m-commerce

July 17th, 2008

The GSMA, which represents phone networks, is working with the European Payments Council to explore mobile payment ideas.

The two trade bodies aim to speed up the deployment of services that enable consumers to pay for goods and services using mobile. These services will be facilitated by a ‘Trusted Service Manager’, which will support banks and mobile operators in the distribution, configuration and activation of the bank’s payment application.