Starting this week, you can add phone giant AT&T (T) to this list.
Telcos have always been eager to find additional revenue streams beyond the business of carrying calls and data. Getting phones involved in purchases targets a small but growing segment of the market where telcos can finally get their hands on fees for processing transactions.
The mobile billing approach in this case bypasses credit cards and other payment methods by letting users enter their cell phone numbers into the payment box, which is confirmed in a text message."We've connected into hundreds of carriers in 60-plus countries so big merchants like Electronic Arts (ERTS) and eBay Classifieds are able to have their customers pay by just entering their mobile number and having that charge show up on a mobile phone bill," said Ron Hirson, co-founder of mobile payment startup Boku. "It helps people that find it easier to pay
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV