Cobweb's Small Business News:
"M-commerce is coming
Paying for items with a mobile phone could soon take off in the UK, in the same way it has overseas.
LUUP, which is already up and running in Norway, allows users to send or receive money or pay for items. The phone is linked to a bank account, a credit or debit card.
M-commerce, as the phenomenon is being dubbed, has already been unsuccessfully tried in Britain. Paybox was the brainchild of the big mobile networks, but it never really took off. It now operates only in Austria.
However, another joint venture is due to launch later this year called Pay4It, which will allow users to pay for items costing up to £5."
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