Today in Mobile

Verizon Wireless today launched a mobile payment service that enables users to make online purchasers and have the charges appear on their phone bill. While the offering may sound odd at first, I can see where users might be inclined to enter a cell phone number to make a purchase rather than a credit card number, and the $25 cap might be a good way to allow kids to use the service rather giving them sensitive credit-card info. This is a great example of the kind of outside-the-box thinking I talked about in my current weekly update, and it demonstrates that Verizon understands that the traditional business model of operating a network is insufficient for carriers looking to compete in the long term.

Relevant Analyst
Colin Gibbs

Colin Gibbs

Founder and Principal Peak Mobile Insights

Do you want to speak with Colin Gibbs about this topic?

Learn More
You must be logged in to post a comment.
No Comments Subscribers to comment
Explore Related Topics

Latest Research

Latest Webinars

Want to conduct your own Webinar?
Learn More

Learn about our services or Contact us: Email / 800-906-8098