Motorola launches mobile-phone pay system

Motorola Wednesday launched a system to allow users to pay money via their mobile phones. M-Wallet allows users to pay for goods and services through their mobile accounts, including downloading gift certificates and collecting loyalty points.

The system works with GSM, CDMA or iDEN-equipped Motorola mobile handsets. Users need to download the application onto their phones via the Internet and then open their M-Wallet account.

“Mobile phones are no longer just about conducting conversations, they are now emerging as a center of people’s lives for every day transactions,” said Navin Mehta, Motorola’s vice president of Applications Management. “With M-Wallet, Motorola continues to offer industry leading applications that not only bring convenience and flexibility to subscribers but help operators differentiate and advance their portfolios to increase mobile data usage.”

Motorola will be demonstrating the M-Wallet solution at 3GSM in Barcelona Feb. 13 -16, 2006.

Copyright 2006 by United Press International

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