Obopay is an easy and convenient way to send and receive money, and the prepaid Mastercard option is a clever method of money management for teens. The service won't replace your wallet, however, and because of the many fees involved, hard cash may still be your best friend.
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Helio collaborates with Obopay
Obopay is a way to transfer money with your cell phone.
A deal with Obopay will allow Verizon's wireless subscribers to use their cell phones to send money to each other.
Cell phone giant is taking a minority stake in mobile-payment company Obopay, as the market for such services starts to take off.
MasterCard extends its PayPal-like MoneySend app to the BlackBerry. There's also a very similar version of the peer-to-peer payment app for iPhone.
Nokia Money will let consumers pay for purchases, take care of bills, and send money to other people, all from their cell phones.
We've heard such promises before, though we admit that Tagattitude's solution, "Tag Pay," uses the phone's audio channel in a clever way.